CNTO (Centor Energy) Asset Turnover: 0.00 (As of Dec. 2013)


What is Centor Energy Asset Turnover?

Centor Energy CNTO -90.00% Asset Turnover is 0.00 as of Dec. 2013.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Centor Energy's Revenue for the three months ended in Dec. 2013 was $0.00 Mil. Centor Energy's Total Assets for the quarter that ended in Dec. 2013 was $0.10 Mil. Therefore, Centor Energy's Asset Turnover for the quarter that ended in Dec. 2013 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Centor Energy's annualized ROE % for the quarter that ended in Dec. 2013 was 285.45%. It is also linked to ROA % through Du Pont Formula. Centor Energy's annualized ROA % for the quarter that ended in Dec. 2013 was -1,254.82%.

Centor Energy  (OTCPK:CNTO) Asset Turnover Explanation

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

Centor Energy's annulized ROE % for the quarter that ended in Dec. 2013 is

ROE %**(Q: Dec. 2013 )
=Net Income/Total Stockholders Equity
=-1.236/-0.433
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.236 / 0)*(0 / 0.0985)*(0.0985/ -0.433)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.2275
=ROA %*Equity Multiplier
=-1,254.82 %*-0.2275
=285.45 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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:

Centor Energy's annulized ROA % for the quarter that ended in Dec. 2013 is

ROA %(Q: Dec. 2013 )
=Net Income/Total Assets
=-1.236/0.0985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.236 / 0)*(0 / 0.0985)
=Net Margin %*Asset Turnover
= %*0
=-1,254.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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.

Centor Energy Asset Turnover Related Terms

Centor Energy Asset Turnover Historical Data

* Premium members only.

The historical data trend for Centor Energy'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.

Centor Energy Asset Turnover Chart

Centor Energy Annual Data
Trend Mar11 Mar12 Mar13
Asset Turnover
0.00 0.00 0.00

Centor Energy Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CNTO vs SMRS: Asset Turnover Comparison

For the Other Industrial Metals & Mining subindustry, Centor 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.

Centor Energy Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centor Energy's Asset Turnover distribution charts can be found below:

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


Centor Energy Asset Turnover Calculation

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

Centor Energy's Asset Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2013 )/( (Total Assets (A: Mar. 2012 )+Total Assets (A: Mar. 2013 ))/ count )
=0/( (0.004+0.137)/ 2 )
=0/0.0705
=0.00

Centor Energy's Asset Turnover for the quarter that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=0/( (0.127+0.07)/ 2 )
=0/0.0985
=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?
Centor Energy (CNTO) has a Asset Turnover of 0.00 as of Dec. 2013. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Centor Energy and its competitors.
Is Centor Energy's Asset Turnover too high?
Centor Energy's current Asset Turnover is 0.00.
How does Centor Energy's Asset Turnover compare to SMRS?
Centor Energy's Asset Turnover of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Centor Energy and its competitors. Centor Energy'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 Centor Energy stock overvalued right now?
Centor Energy (CNTO) 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 Centor Energy (CNTO), the current Asset Turnover is 0.00 as of Dec. 2013. 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.

Centor Energy Business Description

Address 410-708 11th Avenue SW, Calgary, AB, CAN, T2R 0E4
Centor Energy Inc is an exploration stage mining company. It is involved in the business of developing and exploring mineral properties in the State of Nevada and the Republic of Ghana West Africa. Its properties include Esmeralda county, Nevada known as Weepah Hills prospect.