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American DG Energy (American DG Energy) Asset Turnover : 0.09 (As of Mar. 2017)


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What is American DG Energy 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 DG Energy's Revenue for the three months ended in Mar. 2017 was $1.72 Mil. American DG Energy's Total Assets for the quarter that ended in Mar. 2017 was $18.82 Mil. Therefore, American DG Energy's Asset Turnover for the quarter that ended in Mar. 2017 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. American DG Energy's annualized ROE % for the quarter that ended in Mar. 2017 was -15.16%. It is also linked to ROA % through Du Pont Formula. American DG Energy's annualized ROA % for the quarter that ended in Mar. 2017 was -13.69%.


American DG Energy Asset Turnover Historical Data

The historical data trend for American DG Energy'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 DG Energy Asset Turnover Chart

American DG Energy Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.21 0.23 0.17 0.23

American DG Energy Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.05 0.07 0.06 0.07 0.09

Competitive Comparison of American DG Energy's Asset Turnover

For the Specialty Industrial Machinery subindustry, American DG Energy'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 DG Energy's Asset Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where American DG Energy's Asset Turnover falls into.



American DG Energy Asset Turnover Calculation

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

American DG Energy's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=6.142/( (34.022+19.105)/ 2 )
=6.142/26.5635
=0.23

American DG Energy's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=1.718/( (19.105+18.529)/ 2 )
=1.718/18.817
=0.09

* 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 DG Energy  (AMEX:ADGE) Asset Turnover Explanation

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

American DG Energy's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-2.576/16.9895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.576 / 6.872)*(6.872 / 18.817)*(18.817/ 16.9895)
=Net Margin %*Asset Turnover*Equity Multiplier
=-37.49 %*0.3652*1.1076
=ROA %*Equity Multiplier
=-13.69 %*1.1076
=-15.16 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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 DG Energy's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-2.576/18.817
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.576 / 6.872)*(6.872 / 18.817)
=Net Margin %*Asset Turnover
=-37.49 %*0.3652
=-13.69 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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 DG Energy Asset Turnover Related Terms

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American DG Energy (American DG Energy) Business Description

Traded in Other Exchanges
N/A
Address
American DG Energy Inc is a Delaware corporation was incorporated on July 24, 2001. The Company installs, owns, operates and maintains complete DG systems, or energy systems, and other complementary systems at customer sites and sells electricity, hot water, heat and cooling energy under long-term contracts at prices guaranteed to the customer to be below conventional utility rates. As of December 31, 2013, the Company had installed 109 energy systems. The energy systems are generally owned by the Company and are installed in its customers' buildings. Each month the Company obtains readings from energy meters to determine the amount of energy produced for each customer. Its business is selling energy in the form of electricity, heat, hot water and cooling to its customers under long-term sales agreements. In the United Kingdom, it competes with Cogenco Limited, a subsidiary of Dalkia PLC, an alternative energy company with customers in the 50-500 kW range, ENER-G Holdings plc and Jenbacher, a subsidiary of General Electric Company. Other companies in the same market are Clarke Energy Ltd, EC Power Systems and Baxi-SenerTec UK. In Belgium, CHP equipment manufacturers are non-Belgian companies, including CogenGreen S.A., Capstone Turbine Corporation and Cummins Power Generation Inc., which are its primary competitors in the 50-500 kW range. In Spain, it competes with Baxi-SenerTec UK, MicroPower Europe, Guascor Power, Cummins Power Generation Inc., Icogen SA and Pasch y Cia SA. Icogen SA, based in Barcelona, is a Spanish supplier for systems below 500 kW. The Company is subject to extensive government regulation.
Executives
John W Rowe director
John Hatsopoulos director, officer: Co-Chief Executive Officer 85 FIRST AVENUE, WALTHAM MA 02451
Christine M Klaskin director 3 FORBES ROAD, LEXINGTON MA 02421
Locke M. Benjamin officer: Co-CEO 45 FIRST AVE, WALTHAM MA 02451
Deanna M Petersen director 45 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown officer: CFO, Treasurer, and Secretary 97 FIFTY ACRE WAY, CARLISLE MA 01741
Charlest Maxwell director 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
George N Hatsopoulos director, 10 percent owner BNN CORP, 150 CAMBRIDGEPARK DRIVE, CAMBRIDGE MA 02140
Earl R Lewis director C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Alan D Weinstein director 45 FIRST AVENUE WALTHAM MA 02451

American DG Energy (American DG Energy) Headlines

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