CESX (CES Synergies) Asset Turnover: 0.35 (As of Mar. 2017)


What is CES Synergies Asset Turnover?

CES Synergies CESX Asset Turnover is 0.35 as of Mar. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CES Synergies's Revenue for the three months ended in Mar. 2017 was $3.17 Mil. CES Synergies's Total Assets for the quarter that ended in Mar. 2017 was $9.09 Mil. Therefore, CES Synergies's Asset Turnover for the quarter that ended in Mar. 2017 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. CES Synergies's annualized ROE % for the quarter that ended in Mar. 2017 was -1,901.18%. It is also linked to ROA % through Du Pont Formula. CES Synergies's annualized ROA % for the quarter that ended in Mar. 2017 was -17.78%.

CES Synergies  (OTCPK:CESX) Asset Turnover Explanation

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

CES Synergies's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-1.616/0.085
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.616 / 12.688)*(12.688 / 9.089)*(9.089/ 0.085)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.74 %*1.396*106.9294
=ROA %*Equity Multiplier
=-17.78 %*106.9294
=-1,901.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

CES Synergies's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-1.616/9.089
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.616 / 12.688)*(12.688 / 9.089)
=Net Margin %*Asset Turnover
=-12.74 %*1.396
=-17.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.

CES Synergies Asset Turnover Related Terms

CES Synergies Asset Turnover Historical Data

* Premium members only.

The historical data trend for CES Synergies'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.

CES Synergies Asset Turnover Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Asset Turnover
2.00 2.32 3.97 1.84 1.68

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.41 0.38 0.48 0.43 0.35

CESX vs ALAN, BSHF, ECMT: Asset Turnover Comparison

For the Waste Management subindustry, CES Synergies'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.

CES Synergies Asset Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, CES Synergies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CES Synergies's Asset Turnover falls into.


CES Synergies Asset Turnover Calculation

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

CES Synergies's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=16.167/( (9.836+9.42)/ 2 )
=16.167/9.628
=1.68

CES Synergies's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=3.172/( (9.42+8.758)/ 2 )
=3.172/9.089
=0.35

* 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 0.35 mean?
CES Synergies (CESX) has a Asset Turnover of 0.35 as of Mar. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CES Synergies and its competitors.
Is CES Synergies' Asset Turnover too high?
CES Synergies' current Asset Turnover is 0.35.
How does CES Synergies' Asset Turnover compare to ALAN and BSHF?
CES Synergies' Asset Turnover of 0.35 can be compared against companies in the Waste Management 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 Waste Management company?
A good Asset Turnover depends on the Waste Management 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 CES Synergies and its competitors. CES Synergies's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Synergies stock overvalued right now?
CES Synergies (CESX) has a current Asset Turnover of 0.35. The current Asset Turnover is 0.35. 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 CES Synergies (CESX), the current Asset Turnover is 0.35 as of Mar. 2017. 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.

CES Synergies Business Description

Address 39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.