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LFLRF (LaFleur Minerals) Asset Turnover : 0.00 (As of Dec. 2024)


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What is LaFleur Minerals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LaFleur Minerals's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. LaFleur Minerals's Total Assets for the quarter that ended in Dec. 2024 was $4.97 Mil. Therefore, LaFleur Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LaFleur Minerals's annualized ROE % for the quarter that ended in Dec. 2024 was -194.86%. It is also linked to ROA % through Du Pont Formula. LaFleur Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -77.76%.


LaFleur Minerals Asset Turnover Historical Data

The historical data trend for LaFleur Minerals'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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LaFleur Minerals Asset Turnover Chart

LaFleur Minerals Annual Data
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LaFleur Minerals Quarterly Data
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Competitive Comparison of LaFleur Minerals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, LaFleur Minerals'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.


LaFleur Minerals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where LaFleur Minerals's Asset Turnover falls into.


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LaFleur Minerals Asset Turnover Calculation

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

LaFleur Minerals's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=0/( (0.154+3.303)/ 2 )
=0/1.7285
=0.00

LaFleur Minerals's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (3.6+6.349)/ 2 )
=0/4.9745
=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.


LaFleur Minerals  (OTCPK:LFLRF) Asset Turnover Explanation

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

LaFleur Minerals's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-3.868/1.985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.868 / 0)*(0 / 4.9745)*(4.9745/ 1.985)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.506
=ROA %*Equity Multiplier
=-77.76 %*2.506
=-194.86 %

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

LaFleur Minerals's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-3.868/4.9745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.868 / 0)*(0 / 4.9745)
=Net Margin %*Asset Turnover
= %*0
=-77.76 %

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


LaFleur Minerals Asset Turnover Related Terms

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LaFleur Minerals Business Description

Traded in Other Exchanges
Address
1500 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 4N7
LaFleur Minerals Inc is a North American junior mining exploration company that specializes in lithium and owns 100% of two lithium properties which properties are located in the James Bay and Mazerac regions, covering approximately 303 sqkm. The Vieux Comptoir property is located approximately 45km east of the Patriot Battery Metals Corvette Project and 45km west of Winsome Resources, Adina project and is under Option to Superior Mining International Corporation. The Mazerac property is located about 50km southwest of Val-d'Or and is located near Vision Lithium's Cadillac property and Winsome Resources' Decelles property.

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