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Lime Energy Co (Lime Energy Co) Asset Turnover : 0.54 (As of Sep. 2016)


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What is Lime Energy Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lime Energy Co's Revenue for the three months ended in Sep. 2016 was $25.7 Mil. Lime Energy Co's Total Assets for the quarter that ended in Sep. 2016 was $48.0 Mil. Therefore, Lime Energy Co's Asset Turnover for the quarter that ended in Sep. 2016 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Lime Energy Co's annualized ROE % for the quarter that ended in Sep. 2016 was -79.63%. It is also linked to ROA % through Du Pont Formula. Lime Energy Co's annualized ROA % for the quarter that ended in Sep. 2016 was 8.88%.


Lime Energy Co Asset Turnover Historical Data

The historical data trend for Lime Energy Co'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.

Lime Energy Co Asset Turnover Chart

Lime Energy Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.49 1.29 1.69 2.44

Lime Energy Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.56 0.52 0.44 0.45 0.54

Competitive Comparison of Lime Energy Co's Asset Turnover

For the Electronic Components subindustry, Lime Energy Co'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.


Lime Energy Co's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lime Energy Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lime Energy Co's Asset Turnover falls into.



Lime Energy Co Asset Turnover Calculation

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

Lime Energy Co's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=112.623/( (34.819+57.566)/ 2 )
=112.623/46.1925
=2.44

Lime Energy Co's Asset Turnover for the quarter that ended in Sep. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=25.721/( (46.208+49.726)/ 2 )
=25.721/47.967
=0.54

* 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.


Lime Energy Co  (OTCPK:LIME) Asset Turnover Explanation

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

Lime Energy Co's annulized ROE % for the quarter that ended in Sep. 2016 is

ROE %**(Q: Sep. 2016 )
=Net Income/Total Stockholders Equity
=4.26/-5.3495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.26 / 102.884)*(102.884 / 47.967)*(47.967/ -5.3495)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.14 %*2.1449*-8.9666
=ROA %*Equity Multiplier
=8.88 %*-8.9666
=-79.63 %

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

Lime Energy Co's annulized ROA % for the quarter that ended in Sep. 2016 is

ROA %(Q: Sep. 2016 )
=Net Income/Total Assets
=4.26/47.967
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.26 / 102.884)*(102.884 / 47.967)
=Net Margin %*Asset Turnover
=4.14 %*2.1449
=8.88 %

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


Lime Energy Co Asset Turnover Related Terms

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Lime Energy Co (Lime Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
Lime Energy Co is a U.S based company which offers the utilities energy efficiency program delivery services targeted to their small and medium-sized business customers. Its programs help these businesses use less energy through the upgrade of existing equipment with new, more energy efficient equipment. These programs include energy efficient lighting upgrades, mechanical upgrades, water conservation measures, building controls, refrigeration, pool pumps, building shell improvements and appliance recycling.
Executives
Gregory T Barnum director
Adam C Procell officer: CEO and Presirent C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Carey William Russell Jr director 2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Robert D Wagner director COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cit Group Inc 10 percent owner 1 CIT DRIVE, LIVINGSTON NJ 07039
Frederic F Brace director 707 W. SMUGGLER ST, ASPEN CO 81611
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036

Lime Energy Co (Lime Energy Co) Headlines

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