BNGLF (Bengal Energy) Asset Turnover: 0.06 (As of Mar. 2026)

What is Bengal Energy Asset Turnover?

Bengal Energy BNGLF -12.92% Asset Turnover is 0.06 as of Mar. 2026. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bengal Energy's Revenue for the three months ended in Mar. 2026 was $1.17 Mil. Bengal Energy's Total Assets for the quarter that ended in Mar. 2026 was $21.53 Mil. Therefore, Bengal Energy's Asset Turnover for the quarter that ended in Mar. 2026 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Bengal Energy's annualized ROE % for the quarter that ended in Mar. 2026 was -30.08%. It is also linked to ROA % through Du Pont Formula. Bengal Energy's annualized ROA % for the quarter that ended in Mar. 2026 was -23.24%.

Bengal Energy (OTCPK:BNGLF) Asset Turnover Explanation

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

Bengal Energy's annulized ROE % for the quarter that ended in Mar. 2026 is

	ROE %^**		(Q: Mar. 2026 )
=	Net Income	/	Total Stockholders Equity
=	-5.004	/	16.6335
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-5.004 / 4.696)	*	(4.696 / 21.533)	*	(21.533/ 16.6335)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-106.56 %	*	0.2181	*	1.2946
=	ROA %	*	Equity Multiplier
=	-23.24 %	*	1.2946
=	-30.08 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Bengal Energy's annulized ROA % for the quarter that ended in Mar. 2026 is

	ROA %		(Q: Mar. 2026 )
=	Net Income	/	Total Assets
=	-5.004	/	21.533
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-5.004 / 4.696)	*	(4.696 / 21.533)
=	Net Margin %	*	Asset Turnover
=	-106.56 %	*	0.2181
=	-23.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

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.

Bengal Energy Asset Turnover Related Terms

Bengal Energy Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bengal Energy's Asset Turnover can be seen below:

Bengal Energy Asset Turnover Chart

Bengal Energy Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Asset Turnover

Get a 7-Day Free Trial

0.16

0.17

0.16

Bengal Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Asset Turnover	Get a 7-Day Free Trial															0.03	0.04	0.03	0.03	0.06

BNGLF vs COP, EOG, OXY: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Bengal 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.

Bengal Energy Asset Turnover vs Oil & Gas Industry

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

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

Save Embed

Bengal Energy Asset Turnover Calculation

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

Bengal Energy's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Mar. 2026 )	/	( (Total Assets (A: Mar. 2025 )	+	Total Assets (A: Mar. 2026 ))	/ count )
=	3.362	/	( (21.34	+	21.276)	/ 2 )
=	3.362	/	21.308
=	0.16

Bengal Energy's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Mar. 2026 )	/	( (Total Assets (Q: Dec. 2025 )	+	Total Assets (Q: Mar. 2026 ))	/ count )
=	1.174	/	( (21.79	+	21.276)	/ 2 )
=	1.174	/	21.533
=	0.05

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.06 mean?

Bengal Energy (BNGLF) has a Asset Turnover of 0.06 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bengal Energy and its competitors.

Is Bengal Energy's Asset Turnover too high?

Bengal Energy's current Asset Turnover is 0.06.

How does Bengal Energy's Asset Turnover compare to COP and EOG?

Bengal Energy's Asset Turnover of 0.06 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for an Oil & Gas company?

A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bengal Energy and its competitors. Bengal Energy's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bengal Energy stock overvalued right now?

Based on GuruFocus' analysis, Bengal Energy (BNGLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 82% above its estimated fair value. The current Asset Turnover is 0.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Bengal Energy (BNGLF), the current Asset Turnover is 0.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bengal Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:CEQ TSXV:VRY TSXV:PCQ TSXV:STMP TSXV:SABA TSXV:ALTU TSXV:CWV TSXV:VUX TSXV:REC TSXV:PUL HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges 8BE:Germany BNG:Canada

Address 630 - 6th Avenue SouthWest, Suite 640, Calgary, AB, CAN, T2P 0S8

Website https://www.bengalenergy.ca

Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. The Company's producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.