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Rosneft Oil Co (Rosneft Oil Co) Asset Turnover : 0.15 (As of Dec. 2021)


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What is Rosneft Oil 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. Rosneft Oil Co's Revenue for the three months ended in Dec. 2021 was $33,097 Mil. Rosneft Oil Co's Total Assets for the quarter that ended in Dec. 2021 was $222,602 Mil. Therefore, Rosneft Oil Co's Asset Turnover for the quarter that ended in Dec. 2021 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Rosneft Oil Co's annualized ROE % for the quarter that ended in Dec. 2021 was 13.69%. It is also linked to ROA % through Du Pont Formula. Rosneft Oil Co's annualized ROA % for the quarter that ended in Dec. 2021 was 4.54%.


Rosneft Oil Co Asset Turnover Historical Data

The historical data trend for Rosneft Oil 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.

Rosneft Oil Co Asset Turnover Chart

Rosneft Oil Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.51 0.63 0.35 0.52

Rosneft Oil Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.10 0.13 0.14 0.15

Competitive Comparison of Rosneft Oil Co's Asset Turnover

For the Oil & Gas Integrated subindustry, Rosneft Oil 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.


Rosneft Oil Co's Asset Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rosneft Oil Co's Asset Turnover falls into.



Rosneft Oil Co Asset Turnover Calculation

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

Rosneft Oil Co's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=111043.487/( (206019.691+222587.414)/ 2 )
=111043.487/214303.5525
=0.52

Rosneft Oil Co's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=33096.64/( (222616.358+222587.414)/ 2 )
=33096.64/222601.886
=0.15

* 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.


Rosneft Oil Co  (OTCPK:OJSCY) Asset Turnover Explanation

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

Rosneft Oil Co's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=10116.996/73875.3265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10116.996 / 132386.56)*(132386.56 / 222601.886)*(222601.886/ 73875.3265)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.64 %*0.5947*3.0132
=ROA %*Equity Multiplier
=4.54 %*3.0132
=13.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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:

Rosneft Oil Co's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=10116.996/222601.886
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10116.996 / 132386.56)*(132386.56 / 222601.886)
=Net Margin %*Asset Turnover
=7.64 %*0.5947
=4.54 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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.


Rosneft Oil Co Asset Turnover Related Terms

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Rosneft Oil Co (Rosneft Oil Co) Business Description

Traded in Other Exchanges
N/A
Address
26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.

Rosneft Oil Co (Rosneft Oil Co) Headlines

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