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Stallion Uranium (TSXV:STUD) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Stallion Uranium Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Stallion Uranium's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Stallion Uranium's Total Assets for the quarter that ended in Sep. 2024 was C$28.48 Mil. Therefore, Stallion Uranium's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Stallion Uranium's annualized ROE % for the quarter that ended in Sep. 2024 was -8.70%. It is also linked to ROA % through Du Pont Formula. Stallion Uranium's annualized ROA % for the quarter that ended in Sep. 2024 was -8.10%.


Stallion Uranium Asset Turnover Historical Data

The historical data trend for Stallion Uranium'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.

* Premium members only.

Stallion Uranium Asset Turnover Chart

Stallion Uranium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Stallion Uranium Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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Competitive Comparison of Stallion Uranium's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Stallion Uranium'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.


Stallion Uranium's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Stallion Uranium's Asset Turnover falls into.



Stallion Uranium Asset Turnover Calculation

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

Stallion Uranium's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (13.503+25.641)/ 2 )
=0/19.572
=0.00

Stallion Uranium'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: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (28.558+28.403)/ 2 )
=0/28.4805
=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.


Stallion Uranium  (TSXV:STUD) Asset Turnover Explanation

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

Stallion Uranium's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-2.308/26.5435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.308 / 0)*(0 / 28.4805)*(28.4805/ 26.5435)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.073
=ROA %*Equity Multiplier
=-8.10 %*1.073
=-8.70 %

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:

Stallion Uranium's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-2.308/28.4805
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.308 / 0)*(0 / 28.4805)
=Net Margin %*Asset Turnover
= %*0
=-8.10 %

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.


Stallion Uranium Asset Turnover Related Terms

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Stallion Uranium Business Description

Traded in Other Exchanges
Address
838 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6C0A6
Stallion Uranium Corp's principal business activities include the acquisition and exploration of mineral property assets. It is also working to Fuel the Future with Uranium through exploration in the Athabasca Basin. Its projects are the Athabasca Basin Uranium, Coffer Project, Gunter Lake Project, Ford Lake Project, Sandy Lake Project, Borderline Project, and Newlands Project.
Executives
Andrew Zimmerman Director, Senior Officer
Darren Slugoski Senior Officer

Stallion Uranium Headlines

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