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Carlton Precious (TSXV:CPI) Asset Turnover : 0.00 (As of Oct. 2024)


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What is Carlton Precious Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Carlton Precious's Revenue for the three months ended in Oct. 2024 was C$0.00 Mil. Carlton Precious's Total Assets for the quarter that ended in Oct. 2024 was C$11.74 Mil. Therefore, Carlton Precious's Asset Turnover for the quarter that ended in Oct. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Carlton Precious's annualized ROE % for the quarter that ended in Oct. 2024 was -9.42%. It is also linked to ROA % through Du Pont Formula. Carlton Precious's annualized ROA % for the quarter that ended in Oct. 2024 was -9.17%.


Carlton Precious Asset Turnover Historical Data

The historical data trend for Carlton Precious'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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Carlton Precious Asset Turnover Chart

Carlton Precious Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Asset Turnover
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Carlton Precious Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Carlton Precious's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Carlton Precious'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.


Carlton Precious's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Carlton Precious's Asset Turnover falls into.



Carlton Precious Asset Turnover Calculation

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

Carlton Precious's Asset Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2024 )/( (Total Assets (A: Jul. 2023 )+Total Assets (A: Jul. 2024 ))/ count )
=0/( (12.919+11.379)/ 2 )
=0/12.149
=0.00

Carlton Precious's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0/( (11.379+12.099)/ 2 )
=0/11.739
=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.


Carlton Precious  (TSXV:CPI) Asset Turnover Explanation

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

Carlton Precious's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-1.076/11.4255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.076 / 0)*(0 / 11.739)*(11.739/ 11.4255)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0274
=ROA %*Equity Multiplier
=-9.17 %*1.0274
=-9.42 %

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

Carlton Precious's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=-1.076/11.739
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.076 / 0)*(0 / 11.739)
=Net Margin %*Asset Turnover
= %*0
=-9.17 %

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


Carlton Precious Asset Turnover Related Terms

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Carlton Precious Business Description

Traded in Other Exchanges
Address
2526 Yale Court Road, No. 202, Yale Court Plaza, Abbotsford, BC, CAN, V2S 8G9
Carlton Precious Inc, formerly Nubian Resources Ltd is a mineral exploration company. It is engaged in exploring and evaluating mineral properties with its principal operations being carried out in Canada, the United States, Peru, and Australia. The company's project portfolio includes Esquilache Polymetallic, Yandoit, Fosterville East, and Mathinna and Lefroy projects. Its only segment is the exploration and evaluation of mineral properties.
Executives
Marc Charles Henderson Director
Matthew Robert Andrews Director
John C. Power Director or Senior Officer of 10% Security Holder
Martin Walter Director, Senior Officer
David Alan Fynn Senior Officer
Lawrence Garnet Treadgold Director
Charlotte Mary-anne May Senior Officer
Laurence Scott Jobin-bevans Director
Markus Janser Director