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Defiance Silver (TSXV:DEF) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Defiance Silver Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Defiance Silver's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Defiance Silver's Total Assets for the quarter that ended in Sep. 2024 was C$43.30 Mil. Therefore, Defiance Silver's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Defiance Silver's annualized ROE % for the quarter that ended in Sep. 2024 was -9.22%. It is also linked to ROA % through Du Pont Formula. Defiance Silver's annualized ROA % for the quarter that ended in Sep. 2024 was -9.06%.


Defiance Silver Asset Turnover Historical Data

The historical data trend for Defiance Silver'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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Defiance Silver Asset Turnover Chart

Defiance Silver Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
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Defiance Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Defiance Silver's Asset Turnover

For the Other Precious Metals & Mining subindustry, Defiance Silver'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.


Defiance Silver's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Defiance Silver's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Defiance Silver's Asset Turnover falls into.



Defiance Silver Asset Turnover Calculation

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

Defiance Silver's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=0/( (41.93+42.275)/ 2 )
=0/42.1025
=0.00

Defiance Silver's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (42.275+44.334)/ 2 )
=0/43.3045
=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.


Defiance Silver  (TSXV:DEF) Asset Turnover Explanation

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

Defiance Silver's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-3.924/42.5715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.924 / 0)*(0 / 43.3045)*(43.3045/ 42.5715)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0172
=ROA %*Equity Multiplier
=-9.06 %*1.0172
=-9.22 %

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

Defiance Silver's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-3.924/43.3045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.924 / 0)*(0 / 43.3045)
=Net Margin %*Asset Turnover
= %*0
=-9.06 %

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


Defiance Silver Asset Turnover Related Terms

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Defiance Silver Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration and development company actively engaged in advancing two projects in Mexico, including the Zacatecas silver projects in the historic mining region of Zacatecas, and the Tepal copper-gold project in Michoacan, Mexico.
Executives
Breakaway Strategic Resources Segregated Portfolio 10% Security Holder
Christopher David Wright Director, Senior Officer
Paul Smith Director
Douglas Cavey Senior Officer
Dunham Lewis Craig Director
Darrell Rader Director
Sherry Anna Elizabeth Roberge Senior Officer

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