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Colombia Energy Resources (Colombia Energy Resources) Asset Turnover : 0.02 (As of Sep. 2012)


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What is Colombia Energy 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. Colombia Energy Resources's Revenue for the three months ended in Sep. 2012 was $0.22 Mil. Colombia Energy Resources's Total Assets for the quarter that ended in Sep. 2012 was $14.87 Mil. Therefore, Colombia Energy Resources's Asset Turnover for the quarter that ended in Sep. 2012 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Colombia Energy Resources's annualized ROE % for the quarter that ended in Sep. 2012 was -176.03%. It is also linked to ROA % through Du Pont Formula. Colombia Energy Resources's annualized ROA % for the quarter that ended in Sep. 2012 was -90.66%.


Colombia Energy Resources Asset Turnover Historical Data

The historical data trend for Colombia Energy 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.

Colombia Energy Resources Asset Turnover Chart

Colombia Energy Resources Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
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Colombia Energy Resources Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - 0.02

Competitive Comparison of Colombia Energy Resources's Asset Turnover

For the Thermal Coal subindustry, Colombia Energy 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.


Colombia Energy Resources's Asset Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Colombia Energy Resources's Asset Turnover distribution charts can be found below:

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



Colombia Energy Resources Asset Turnover Calculation

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

Colombia Energy Resources's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=0/( (8.176+23.93)/ 2 )
=0/16.053
=0.00

Colombia Energy Resources's Asset Turnover for the quarter that ended in Sep. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=0.219/( (17.291+12.447)/ 2 )
=0.219/14.869
=0.01

* 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.


Colombia Energy Resources  (OTCPK:CERX) Asset Turnover Explanation

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

Colombia Energy Resources's annulized ROE % for the quarter that ended in Sep. 2012 is

ROE %**(Q: Sep. 2012 )
=Net Income/Total Stockholders Equity
=-13.48/7.658
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.48 / 0.876)*(0.876 / 14.869)*(14.869/ 7.658)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1538.81 %*0.0589*1.9416
=ROA %*Equity Multiplier
=-90.66 %*1.9416
=-176.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) net income data. The Revenue data used here is four times the quarterly (Sep. 2012) 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:

Colombia Energy Resources's annulized ROA % for the quarter that ended in Sep. 2012 is

ROA %(Q: Sep. 2012 )
=Net Income/Total Assets
=-13.48/14.869
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.48 / 0.876)*(0.876 / 14.869)
=Net Margin %*Asset Turnover
=-1538.81 %*0.0589
=-90.66 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) net income data. The Revenue data used here is four times the quarterly (Sep. 2012) 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.


Colombia Energy Resources Asset Turnover Related Terms

Thank you for viewing the detailed overview of Colombia Energy Resources's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Colombia Energy Resources (Colombia Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
One Embarcadero Center, Suite 500, San Francisco, CA, USA, 94111
Website
Colombia Energy Resources Inc. is engaged in the business of acquiring and developing metallurgical coal mines in Colombia, South America. The Company owns and controls mining concessions in the provinces of Boyaca and Santander regions.
Executives
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can 10 percent owner FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd 10 percent owner 1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Second 1109 Holdco Ltd. 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
810679 Ontario Ltd 10 percent owner 95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Odyssey America Reinsurance Corp 10 percent owner 300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Steelhead Partners Llc other: See footnotes (1) (2) (3) 800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104
James Michael Johnston other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Brian Katz Klein other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Steelhead Navigator Master, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Peter B Lilly other: Former Director 4501 GULF SHORE BLVD N, ARIA 1203, NAPLES FL 34103
Ronald G Stovash other: Former Officer 16496 FELICITA COURT, NAPLES FL 34110-3264

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