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Gordon Creek Energy (FRA:M2Y1) Asset Turnover : 0.01 (As of Oct. 2015)


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What is Gordon Creek 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. Gordon Creek Energy's Revenue for the three months ended in Oct. 2015 was €0.15 Mil. Gordon Creek Energy's Total Assets for the quarter that ended in Oct. 2015 was €17.64 Mil. Therefore, Gordon Creek Energy's Asset Turnover for the quarter that ended in Oct. 2015 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Gordon Creek Energy's annualized ROE % for the quarter that ended in Oct. 2015 was -765.07%. It is also linked to ROA % through Du Pont Formula. Gordon Creek Energy's annualized ROA % for the quarter that ended in Oct. 2015 was -15.40%.


Gordon Creek Energy Asset Turnover Historical Data

The historical data trend for Gordon Creek 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.

Gordon Creek Energy Asset Turnover Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.06 0.06 0.05 0.03

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Gordon Creek Energy's Asset Turnover

For the Oil & Gas E&P subindustry, Gordon Creek 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.


Gordon Creek Energy's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gordon Creek Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gordon Creek Energy's Asset Turnover falls into.



Gordon Creek Energy Asset Turnover Calculation

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

Gordon Creek Energy's Asset Turnover for the fiscal year that ended in Jan. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2015 )/( (Total Assets (A: Jan. 2014 )+Total Assets (A: Jan. 2015 ))/ count )
=0.567/( (17.181+19.936)/ 2 )
=0.567/18.5585
=0.03

Gordon Creek Energy's Asset Turnover for the quarter that ended in Oct. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2015 )/( (Total Assets (Q: Jul. 2015 )+Total Assets (Q: Oct. 2015 ))/ count )
=0.154/( (18.071+17.206)/ 2 )
=0.154/17.6385
=0.01

* 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.


Gordon Creek Energy  (FRA:M2Y1) Asset Turnover Explanation

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

Gordon Creek Energy's annulized ROE % for the quarter that ended in Oct. 2015 is

ROE %**(Q: Oct. 2015 )
=Net Income/Total Stockholders Equity
=-2.716/0.355
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.716 / 0.616)*(0.616 / 17.6385)*(17.6385/ 0.355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-440.91 %*0.0349*49.6859
=ROA %*Equity Multiplier
=-15.40 %*49.6859
=-765.07 %

Note: The Net Income data used here is four times the quarterly (Oct. 2015) net income data. The Revenue data used here is four times the quarterly (Oct. 2015) 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:

Gordon Creek Energy's annulized ROA % for the quarter that ended in Oct. 2015 is

ROA %(Q: Oct. 2015 )
=Net Income/Total Assets
=-2.716/17.6385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.716 / 0.616)*(0.616 / 17.6385)
=Net Margin %*Asset Turnover
=-440.91 %*0.0349
=-15.40 %

Note: The Net Income data used here is four times the quarterly (Oct. 2015) net income data. The Revenue data used here is four times the quarterly (Oct. 2015) 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.


Gordon Creek Energy Asset Turnover Related Terms

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Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

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