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Harvest Natural Resources (Harvest Natural Resources) Asset Turnover : 0.00 (As of Dec. 2016)


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What is Harvest Natural Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Harvest Natural Resources's Revenue for the three months ended in Dec. 2016 was $0.00 Mil. Harvest Natural Resources's Total Assets for the quarter that ended in Dec. 2016 was $107.10 Mil. Therefore, Harvest Natural Resources's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Harvest Natural Resources's annualized ROE % for the quarter that ended in Dec. 2016 was 405.75%. It is also linked to ROA % through Du Pont Formula. Harvest Natural Resources's annualized ROA % for the quarter that ended in Dec. 2016 was 375.83%.


Harvest Natural Resources Asset Turnover Historical Data

The historical data trend for Harvest Natural Resources'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.

Harvest Natural Resources Asset Turnover Chart

Harvest Natural Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
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Harvest Natural Resources Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Harvest Natural Resources's Asset Turnover

For the Oil & Gas E&P subindustry, Harvest Natural Resources'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.


Harvest Natural Resources's Asset Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Harvest Natural Resources's Asset Turnover falls into.



Harvest Natural Resources Asset Turnover Calculation

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

Harvest Natural Resources'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 )
=0/( (47.781+107.097)/ 2 )
=0/77.439
=0.00

Harvest Natural Resources's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (0+107.097)/ 1 )
=0/107.097
=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.


Harvest Natural Resources  (NYSE:HNR) Asset Turnover Explanation

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

Harvest Natural Resources's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=402.5/99.199
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(402.5 / 0)*(0 / 107.097)*(107.097/ 99.199)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0796
=ROA %*Equity Multiplier
=375.83 %*1.0796
=405.75 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

Harvest Natural Resources's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=402.5/107.097
=(Net Income / Revenue)*(Revenue / Total Assets)
=(402.5 / 0)*(0 / 107.097)
=Net Margin %*Asset Turnover
= %*0
=375.83 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Harvest Natural Resources Asset Turnover Related Terms

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Harvest Natural Resources (Harvest Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
Harvest Natural Resources Inc is an independent energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties. The Company's also acquires, explores, develops and produces properties in geological basins with active hydrocarbon systems. The Company hold exploration and exploitation acreage offshore of the Republic of Gabon through the Dussafu Marin Permit.
Executives
Patrick M Murray director 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Caisse De Depot Et Placement Du Quebec 10 percent owner 1000 PLACE JEAN-PAUL RIOPELLE, MONTREAL A8 H2Z2B3
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Byron A Dunn officer: Senior Vice President C/O HARVEST NATURAL RESOURCES, INC., 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Peter J Hill other: Retired CEO & Director 1150 DIMOCK LANE, NAPLES FL 34110

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