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American Critical Minerals (XCNQ:KCLI) Asset Turnover : 0.00 (As of Oct. 2024)


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What is American Critical 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. American Critical Minerals's Revenue for the three months ended in Oct. 2024 was C$0.00 Mil. American Critical Minerals's Total Assets for the quarter that ended in Oct. 2024 was C$1.48 Mil. Therefore, American Critical Minerals's Asset Turnover for the quarter that ended in Oct. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. American Critical Minerals's annualized ROE % for the quarter that ended in Oct. 2024 was -115.88%. It is also linked to ROA % through Du Pont Formula. American Critical Minerals's annualized ROA % for the quarter that ended in Oct. 2024 was -95.77%.


American Critical Minerals Asset Turnover Historical Data

The historical data trend for American Critical 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.

* Premium members only.

American Critical Minerals Asset Turnover Chart

American Critical Minerals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Asset Turnover
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American Critical Minerals 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 American Critical Minerals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, American Critical 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.


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

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

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



American Critical Minerals Asset Turnover Calculation

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

American Critical Minerals'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/( (0.934+1.103)/ 2 )
=0/1.0185
=0.00

American Critical Minerals'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/( (1.103+1.854)/ 2 )
=0/1.4785
=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.


American Critical Minerals  (XCNQ:KCLI) Asset Turnover Explanation

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

American Critical Minerals's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-1.416/1.222
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.416 / 0)*(0 / 1.4785)*(1.4785/ 1.222)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2099
=ROA %*Equity Multiplier
=-95.77 %*1.2099
=-115.88 %

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:

American Critical Minerals's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=-1.416/1.4785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.416 / 0)*(0 / 1.4785)
=Net Margin %*Asset Turnover
= %*0
=-95.77 %

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.


American Critical Minerals Asset Turnover Related Terms

Thank you for viewing the detailed overview of American Critical Minerals's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


American Critical Minerals Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
American Critical Minerals Corp is a Canada-based mineral exploration company. The company is engaged in discovering and developing critical minerals in the United States, focusing potash and lithium. The company has dual focus on Potash and Lithium, critical to USA Agricultural, Food, Energy and Industrial Security. The company's principal projects include the Green River Potash and Lithium Project.
Executives
Dean Jerry Besserer Director

American Critical Minerals Headlines

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