GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rise Gold Corp (OTCPK:RYES) » Definitions » Asset Turnover

Rise Gold (Rise Gold) Asset Turnover : 0.00 (As of Jan. 2024)


View and export this data going back to . Start your Free Trial

What is Rise Gold Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rise Gold's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Rise Gold's Total Assets for the quarter that ended in Jan. 2024 was $5.42 Mil. Therefore, Rise Gold's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Rise Gold's annualized ROE % for the quarter that ended in Jan. 2024 was -86.79%. It is also linked to ROA % through Du Pont Formula. Rise Gold's annualized ROA % for the quarter that ended in Jan. 2024 was -44.08%.


Rise Gold Asset Turnover Historical Data

The historical data trend for Rise Gold'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.

Rise Gold Asset Turnover Chart

Rise Gold Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Rise Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Rise Gold's Asset Turnover

For the Gold subindustry, Rise Gold'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.


Rise Gold's Asset Turnover Distribution in the Metals & Mining Industry

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

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



Rise Gold Asset Turnover Calculation

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

Rise Gold's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=0/( (5.687+5.658)/ 2 )
=0/5.6725
=0.00

Rise Gold's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (5.48+5.356)/ 2 )
=0/5.418
=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.


Rise Gold  (OTCPK:RYES) Asset Turnover Explanation

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

Rise Gold's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-2.388/2.7515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.388 / 0)*(0 / 5.418)*(5.418/ 2.7515)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.9691
=ROA %*Equity Multiplier
=-44.08 %*1.9691
=-86.79 %

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

Rise Gold's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-2.388/5.418
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.388 / 0)*(0 / 5.418)
=Net Margin %*Asset Turnover
= %*0
=-44.08 %

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


Rise Gold Asset Turnover Related Terms

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


Rise Gold (Rise Gold) Business Description

Traded in Other Exchanges
Address
669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4
Rise Gold Corp is a mineral exploration stage mining company and its primary asset is a major past producing Idaho-Maryland Gold Mine property near Grass Valley, California, United States. The Company conducts its business in one geographical segment located in California, United States, where all of its equipment and mineral property interests are located.
Executives
Clynton R. Nauman director C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111
Mullin Joseph E Iii officer: President and CEO C/O RISE GOLD CORP., SUITE 215, 333 CROWN POINT CIRCLE, GRASS VALLEY CA 95945
Lawrence Ward Lepard director, 10 percent owner 211 GROVE STREET, WELLESLEY MA 02482
Daniel Jr Oliver 10 percent owner 713 SILVERMINE ROAD, NEW CANAAN CT 06840
Vince Boon officer: Chief Financial Officer C/O SOUTHERN ARC MINERALS INC., SUITE 650, 669 HOWE STREET, VANCOUVER A1 V6C 0B4
John Proust director C/O SOUTHERN ARC MINERALS INC., SUITE 650, 669 HOWE STREET, VANCOUVER A1 V6C 0B4
V B S Exchange Pty Ltd 10 percent owner LEVEL 12, 644 CHAPEL ST, SOUTH YARRA C3 3141
Murray Guinn Flanigan director SUITE 602 - 1088 WEST 14TH AVENUE, VANCOUVER A1 V6H 0A6
Thomas I. Vehrs director 6833 YAMPA DRIVE, LARKSPUR CO 80118
Benjamin Mossman director, officer: CEO 488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7
V B S Investments Pty Ltd 10 percent owner LEVEL 12, 644 CHAPEL ST, SOUTH YARRA C3 3141
Southern Arc Minerals Inc 10 percent owner 650-669 HOWE STREET, VANCOUVER A1 V6C 0B4
Brian Cale Thomas director, officer: CFO 488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7
Bradley Scharfe director, 10 percent owner 488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7
Alan R Edwards director, officer: Chairman of the Board 8121 N. FAIRWAY VIEW DR., TUCSON AZ 85742

Rise Gold (Rise Gold) Headlines