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SDCL Energy Efficiencyome Trust (CHIX:SEITL) Asset Turnover : 0.04 (As of Mar. 2024)


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What is SDCL Energy Efficiencyome Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SDCL Energy Efficiencyome Trust's Revenue for the three months ended in Mar. 2024 was £34.20 Mil. SDCL Energy Efficiencyome Trust's Total Assets for the quarter that ended in Mar. 2024 was £984.35 Mil. Therefore, SDCL Energy Efficiencyome Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. SDCL Energy Efficiencyome Trust's annualized ROE % for the quarter that ended in Mar. 2024 was 13.36%. It is also linked to ROA % through Du Pont Formula. SDCL Energy Efficiencyome Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 13.33%.


SDCL Energy Efficiencyome Trust Asset Turnover Historical Data

The historical data trend for SDCL Energy Efficiencyome Trust'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.

SDCL Energy Efficiencyome Trust Asset Turnover Chart

SDCL Energy Efficiencyome Trust Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.06 0.07 0.09 -0.02 -0.05

SDCL Energy Efficiencyome Trust Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.06 - -0.01 -0.08 0.04

Competitive Comparison of SDCL Energy Efficiencyome Trust's Asset Turnover

For the Asset Management subindustry, SDCL Energy Efficiencyome Trust'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.


SDCL Energy Efficiencyome Trust's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SDCL Energy Efficiencyome Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SDCL Energy Efficiencyome Trust's Asset Turnover falls into.



SDCL Energy Efficiencyome Trust Asset Turnover Calculation

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

SDCL Energy Efficiencyome Trust's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=-53.7/( (1128.7+984.5)/ 2 )
=-53.7/1056.6
=-0.05

SDCL Energy Efficiencyome Trust's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=34.2/( (984.2+984.5)/ 2 )
=34.2/984.35
=0.03

* 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.


SDCL Energy Efficiencyome Trust  (CHIX:SEITl) Asset Turnover Explanation

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

SDCL Energy Efficiencyome Trust's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=131.2/982.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(131.2 / 136.8)*(136.8 / 984.35)*(984.35/ 982.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.91 %*0.139*1.002
=ROA %*Equity Multiplier
=13.33 %*1.002
=13.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

SDCL Energy Efficiencyome Trust's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=131.2/984.35
=(Net Income / Revenue)*(Revenue / Total Assets)
=(131.2 / 136.8)*(136.8 / 984.35)
=Net Margin %*Asset Turnover
=95.91 %*0.139
=13.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


SDCL Energy Efficiencyome Trust Asset Turnover Related Terms

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SDCL Energy Efficiencyome Trust Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
SDCL Energy Efficiency Income Trust PLC is a closed-ended investment trust that invests in energy-efficient projects. The company's investment objective will be to generate an attractive total return for investors comprising stable dividend income and capital preservation, with the opportunity for capital growth. Geographically, it has a presence in the United Kingdom, United States, Continental Europe, North America, Asia Pacific region and other countries.

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