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Lightbridge (Lightbridge) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Lightbridge Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lightbridge's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Lightbridge's Total Assets for the quarter that ended in Mar. 2024 was $29.17 Mil. Therefore, Lightbridge's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Lightbridge's annualized ROE % for the quarter that ended in Mar. 2024 was -39.62%. It is also linked to ROA % through Du Pont Formula. Lightbridge's annualized ROA % for the quarter that ended in Mar. 2024 was -38.68%.


Lightbridge Asset Turnover Historical Data

The historical data trend for Lightbridge'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.

Lightbridge Asset Turnover Chart

Lightbridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Lightbridge Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Lightbridge's Asset Turnover

For the Electrical Equipment & Parts subindustry, Lightbridge'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.


Lightbridge's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lightbridge's Asset Turnover distribution charts can be found below:

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



Lightbridge Asset Turnover Calculation

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

Lightbridge'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/( (29.468+29.397)/ 2 )
=0/29.4325
=0.00

Lightbridge's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (29.397+28.933)/ 2 )
=0/29.165
=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.


Lightbridge  (NAS:LTBR) Asset Turnover Explanation

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

Lightbridge's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-11.28/28.468
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.28 / 0)*(0 / 29.165)*(29.165/ 28.468)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0245
=ROA %*Equity Multiplier
=-38.68 %*1.0245
=-39.62 %

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

Lightbridge's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-11.28/29.165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.28 / 0)*(0 / 29.165)
=Net Margin %*Asset Turnover
= %*0
=-38.68 %

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


Lightbridge Asset Turnover Related Terms

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


Lightbridge (Lightbridge) Business Description

Traded in Other Exchanges
Address
11710 Plaza America Drive, Suite 2000, Reston, VA, USA, 20190
Lightbridge Corp is a United States-based nuclear fuel technology company. The business activity of the firm is functioned through Nuclear Fuel Technology segment. The Nuclear Fuel Technology segment develops next generation nuclear fuel technology that increases the power output of commercial reactors and reduces the cost of generating electricity. Geographically, its operations are functioned through the region of Unites States.
Executives
Sherri Goodman director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Ak Jensen Investment Management Ltd 10 percent owner 1 CORNHILL, LONDON X0 EC3V 3ND
Mark Robert Tobin director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Sweta Chakraborty director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Jesse L. Funches director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Thomas Jr Graham director, officer: Chairman C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Larry Goldman officer: Chief Financial Officer C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Seth Grae director, officer: CEO and President C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Andrey Mushakov officer: EVP, Nuclear Operations C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Linda Joan Zwobota officer: Interim CFO 102 HARBOUR SOUND DRIVE, CHESTER MD 21619
Xingping Hou director SUITE 1501, PLAZA B, JIANWAI SOHU, NO. 39, EASTERN THREE RING MIDDLE ROAD, BEIJING F4 100020
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Kathleen Townsend director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
James Guerra officer: COO and CFO 423 CUMNOR ROAD, KENILWORTH IL 60043