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Beretta Ventures (TSXV:BRTA.H) Asset Turnover : 0.00 (As of Nov. 2024)


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What is Beretta Ventures Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Beretta Ventures's Revenue for the three months ended in Nov. 2024 was C$0.00 Mil. Beretta Ventures's Total Assets for the quarter that ended in Nov. 2024 was C$0.00 Mil. Therefore, Beretta Ventures's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Beretta Ventures's annualized ROE % for the quarter that ended in Nov. 2024 was 38.10%. It is also linked to ROA % through Du Pont Formula. Beretta Ventures's annualized ROA % for the quarter that ended in Nov. 2024 was -3,800.00%.


Beretta Ventures Asset Turnover Historical Data

The historical data trend for Beretta Ventures's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Beretta Ventures Asset Turnover Chart

Beretta Ventures Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Asset Turnover
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Beretta Ventures Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Beretta Ventures's Asset Turnover

For the Shell Companies subindustry, Beretta Ventures's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beretta Ventures's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Beretta Ventures's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Beretta Ventures's Asset Turnover falls into.


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Beretta Ventures Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Beretta Ventures's Asset Turnover for the fiscal year that ended in May. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=0/( (0.001+0.005)/ 2 )
=0/0.003
=0.00

Beretta Ventures's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (0.002+0)/ 1 )
=0/0.002
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Beretta Ventures  (TSXV:BRTA.H) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Beretta Ventures's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-0.076/-0.1995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.076 / 0)*(0 / 0.002)*(0.002/ -0.1995)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.01
=ROA %*Equity Multiplier
=-3,800.00 %*-0.01
=38.10 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Beretta Ventures's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-0.076/0.002
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.076 / 0)*(0 / 0.002)
=Net Margin %*Asset Turnover
= %*0
=-3,800.00 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Beretta Ventures Asset Turnover Related Terms

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Beretta Ventures Business Description

Traded in Other Exchanges
N/A
Address
515 - 701 West Georgia Street, P.O. Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C6
Website
Beretta Ventures Ltd is a capital pool company engaged in the identification and evaluation of assets or businesses. The company will not carry on any business other than the identification and evaluation of assets or businesses to complete a qualifying transaction.

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