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EnerNOC (EnerNOC) Asset Turnover : 0.16 (As of Mar. 2017)


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What is EnerNOC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. EnerNOC's Revenue for the three months ended in Mar. 2017 was $48.1 Mil. EnerNOC's Total Assets for the quarter that ended in Mar. 2017 was $301.5 Mil. Therefore, EnerNOC's Asset Turnover for the quarter that ended in Mar. 2017 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. EnerNOC's annualized ROE % for the quarter that ended in Mar. 2017 was -159.71%. It is also linked to ROA % through Du Pont Formula. EnerNOC's annualized ROA % for the quarter that ended in Mar. 2017 was -42.47%.


EnerNOC Asset Turnover Historical Data

The historical data trend for EnerNOC'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.

EnerNOC Asset Turnover Chart

EnerNOC 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 0.78 1.00 0.91 0.75 1.07

EnerNOC 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 0.13 0.39 0.52 0.15 0.16

Competitive Comparison of EnerNOC's Asset Turnover

For the Software - Application subindustry, EnerNOC'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.


EnerNOC's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, EnerNOC's Asset Turnover distribution charts can be found below:

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



EnerNOC Asset Turnover Calculation

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

EnerNOC'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 )
=403.959/( (443.714+312.302)/ 2 )
=403.959/378.008
=1.07

EnerNOC'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 )
=48.109/( (312.302+290.709)/ 2 )
=48.109/301.5055
=0.16

* 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.


EnerNOC  (NAS:ENOC) Asset Turnover Explanation

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

EnerNOC's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-128.04/80.1705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-128.04 / 192.436)*(192.436 / 301.5055)*(301.5055/ 80.1705)
=Net Margin %*Asset Turnover*Equity Multiplier
=-66.54 %*0.6383*3.7608
=ROA %*Equity Multiplier
=-42.47 %*3.7608
=-159.71 %

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:

EnerNOC's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-128.04/301.5055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-128.04 / 192.436)*(192.436 / 301.5055)
=Net Margin %*Asset Turnover
=-66.54 %*0.6383
=-42.47 %

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.


EnerNOC Asset Turnover Related Terms

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


EnerNOC (EnerNOC) Business Description

Traded in Other Exchanges
N/A
Address
EnerNOC is a U.S.-based provider of intelligence software and demand response solutions. Customers of the company consist of enterprises, utilities, and electric power grid operators. The company operates through two segments. The software segment provides corporate clients with energy-management applications that help clients better control energy costs. This segment also provides energy audit services and retro-commissioning services. The demand response solutions segment provides managed service demand response resources to utilities and power grid operators. PJM, an electric power grid operator in the mid-Atlantic region of the United States, accounts for around half of the company's revenue. Most of the company's sales are generated from the United States and Australia.
Executives
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kirk E Arnold director 75 NETWORK DRIVE, BURLINGTON MA 01803
Gary E Haroian director C/O NETWORKENGINES, 25 DAN ROAD, CANTON MA 02021-2817
Neil Moses officer: COO, CFO, and Treasurer ONE MARINA PARK DRIVE, SUITE 400 BOSTON MA 02210
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Timothy Weller officer: CFO & Treasurer 101 MERRITT 7 NORWALK CT 06851
Adam Grosser other: Former Director FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
James L Turner director 4047 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46205
William B Elmore 10 percent owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Paul G Koontz 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul R Holland 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Warren M Weiss 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Foundation Capital Vi Lp 10 percent owner, other: Mmbr 13D group owning > 10% C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc 10 percent owner, other: Mmbr 13D group owning > 10% 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc 10 percent owner, other: Mmbr 13D group owning > 10% 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025

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