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Powerstone Metals (XCNQ:PS) Asset Turnover : 0.00 (As of Jan. 2025)


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What is Powerstone Metals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Powerstone Metals's Revenue for the three months ended in Jan. 2025 was C$0.00 Mil. Powerstone Metals's Total Assets for the quarter that ended in Jan. 2025 was C$0.63 Mil. Therefore, Powerstone Metals's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Powerstone Metals's annualized ROE % for the quarter that ended in Jan. 2025 was -23.30%. It is also linked to ROA % through Du Pont Formula. Powerstone Metals's annualized ROA % for the quarter that ended in Jan. 2025 was -21.09%.


Powerstone Metals Asset Turnover Historical Data

The historical data trend for Powerstone Metals'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.

Powerstone Metals Asset Turnover Chart

Powerstone Metals Annual Data
Trend Oct22 Oct23 Oct24
Asset Turnover
- - -

Powerstone Metals Quarterly Data
Jul22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Powerstone Metals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Powerstone Metals'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.


Powerstone Metals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Powerstone Metals's Asset Turnover falls into.


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Powerstone Metals Asset Turnover Calculation

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

Powerstone Metals's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=0/( (0.809+0.677)/ 2 )
=0/0.743
=0.00

Powerstone Metals's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0/( (0.677+0.575)/ 2 )
=0/0.626
=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.


Powerstone Metals  (XCNQ:PS) Asset Turnover Explanation

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

Powerstone Metals's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-0.132/0.5665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.132 / 0)*(0 / 0.626)*(0.626/ 0.5665)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.105
=ROA %*Equity Multiplier
=-21.09 %*1.105
=-23.30 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

Powerstone Metals's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-0.132/0.626
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.132 / 0)*(0 / 0.626)
=Net Margin %*Asset Turnover
= %*0
=-21.09 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


Powerstone Metals Asset Turnover Related Terms

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Powerstone Metals Business Description

Traded in Other Exchanges
N/A
Address
1040 West Georgia Street, Suite 1900, 19th Floor, Vancouver, BC, CAN, V6E 4H3
Powerstone Metals Corp is a mineral exploration company focused on the identification and exploration of high-quality critical metals assets. It is engaged in exploring Chilton Cobalt, a prospective cobalt asset located in Quebec, Canada.
Executives
William Fraser Hartley Director
Raymond David Harari Benaim Director, Senior Officer
Zachary Goldenberg Director
Carlo Rigillo Director

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