Lakshmi Energy & Foods (BOM:519570) Asset Turnover: 0.00 (As of Dec. 2018)

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What is Lakshmi Energy & Foods Asset Turnover?

Lakshmi Energy & Foods BOM:519570 Asset Turnover is 0.00 as of Dec. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lakshmi Energy & Foods's Revenue for the three months ended in Dec. 2018 was ₹18 Mil. Lakshmi Energy & Foods's Total Assets for the quarter that ended in Dec. 2018 was ₹18,641 Mil. Therefore, Lakshmi Energy & Foods's Asset Turnover for the quarter that ended in Dec. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Lakshmi Energy & Foods's annualized ROE % for the quarter that ended in Dec. 2018 was -345.17%. It is also linked to ROA % through Du Pont Formula. Lakshmi Energy & Foods's annualized ROA % for the quarter that ended in Dec. 2018 was -115.47%.


Lakshmi Energy & Foods  (BOM:519570) Asset Turnover Explanation

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

Lakshmi Energy & Foods's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-21524.84/6236.03
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21524.84 / 73.68)*(73.68 / 18641.35)*(18641.35/ 6236.03)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29213.95 %*0.004*2.9893
=ROA %*Equity Multiplier
=-115.47 %*2.9893
=-345.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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:

Lakshmi Energy & Foods's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-21524.84/18641.35
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-21524.84 / 73.68)*(73.68 / 18641.35)
=Net Margin %*Asset Turnover
=-29213.95 %*0.004
=-115.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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.


Lakshmi Energy & Foods Asset Turnover Related Terms


Lakshmi Energy & Foods Asset Turnover Historical Data

* Premium members only.

The historical data trend for Lakshmi Energy & Foods'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.

Lakshmi Energy & Foods Asset Turnover Chart

Lakshmi Energy & Foods Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Mar15 Mar16 Mar17 Mar18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.38 0.65 0.62 0.35

Lakshmi Energy & Foods Quarterly Data
Dec13 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.10 0.08 0.01 0.00 0.00

BOM:519570 vs YEWB: Asset Turnover Comparison

For the Farm Products subindustry, Lakshmi Energy & Foods'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.


Lakshmi Energy & Foods Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lakshmi Energy & Foods's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lakshmi Energy & Foods's Asset Turnover falls into.



Lakshmi Energy & Foods Asset Turnover Calculation

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

Lakshmi Energy & Foods's Asset Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2018 )/( (Total Assets (A: Mar. 2017 )+Total Assets (A: Mar. 2018 ))/ count )
=6102.3/( (16404.32+18771.72)/ 2 )
=6102.3/17588.02
=0.35

Lakshmi Energy & Foods's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=18.42/( (18641.35+0)/ 1 )
=18.42/18641.35
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Lakshmi Energy & Foods (BOM:519570) has a Asset Turnover of 0.00 as of Dec. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lakshmi Energy & Foods and its competitors.
Is Lakshmi Energy & Foods' Asset Turnover too high?
Lakshmi Energy & Foods' current Asset Turnover is 0.00.
How does Lakshmi Energy & Foods' Asset Turnover compare to YEWB?
Lakshmi Energy & Foods' Asset Turnover of 0.00 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Lakshmi Energy & Foods and its competitors. Lakshmi Energy & Foods's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Energy & Foods stock overvalued right now?
Lakshmi Energy & Foods (BOM:519570) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Lakshmi Energy & Foods (BOM:519570), the current Asset Turnover is 0.00 as of Dec. 2018. 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.

Lakshmi Energy & Foods Business Description

Address Ludhiana - Chandigarh National Highway, Khamanon, Fatehgarh Sahib, PB, IND, 141801
Lakshmi Energy & Foods Ltd is a holding company. The company is a rice producer. It is engaged in the agri-business and food processing. Lakshmi Energy & Foods operates through two segments: Agri-based and Energy. The company is involved processing of rice of various varieties and grades, edible oil and whole wheat flour. It is engaged in the handling, storage, and transportation of food grains. It offers rice in categories, such as basmati, including Lazeez, Afreen, Supreme Delight, Royal Brilliance and Everyday Active, and non-basmati.