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EOSE (Eos Energy Enterprises) Asset Turnover : 0.03 (As of Dec. 2024)


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What is Eos Energy Enterprises Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Eos Energy Enterprises's Revenue for the three months ended in Dec. 2024 was $7.25 Mil. Eos Energy Enterprises's Total Assets for the quarter that ended in Dec. 2024 was $238.58 Mil. Therefore, Eos Energy Enterprises's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Eos Energy Enterprises's annualized ROE % for the quarter that ended in Dec. 2024 was 130.46%. It is also linked to ROA % through Du Pont Formula. Eos Energy Enterprises's annualized ROA % for the quarter that ended in Dec. 2024 was -449.53%.


Eos Energy Enterprises Asset Turnover Historical Data

The historical data trend for Eos Energy Enterprises'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.

Eos Energy Enterprises Asset Turnover Chart

Eos Energy Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial - 0.03 0.13 0.11 0.07

Eos Energy Enterprises Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.04 0.04 - - 0.03

Competitive Comparison of Eos Energy Enterprises's Asset Turnover

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises'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.


Eos Energy Enterprises's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eos Energy Enterprises's Asset Turnover distribution charts can be found below:

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


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Eos Energy Enterprises Asset Turnover Calculation

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

Eos Energy Enterprises's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=15.606/( (186.492+260.318)/ 2 )
=15.606/223.405
=0.07

Eos Energy Enterprises's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=7.253/( (216.841+260.318)/ 2 )
=7.253/238.5795
=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.


Eos Energy Enterprises  (NAS:EOSE) Asset Turnover Explanation

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

Eos Energy Enterprises's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-1072.496/-822.1095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1072.496 / 29.012)*(29.012 / 238.5795)*(238.5795/ -822.1095)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3696.73 %*0.1216*-0.2902
=ROA %*Equity Multiplier
=-449.53 %*-0.2902
=130.46 %

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

Eos Energy Enterprises's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-1072.496/238.5795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1072.496 / 29.012)*(29.012 / 238.5795)
=Net Margin %*Asset Turnover
=-3696.73 %*0.1216
=-449.53 %

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


Eos Energy Enterprises Asset Turnover Related Terms

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Eos Energy Enterprises Business Description

Traded in Other Exchanges
N/A
Address
3920 Park Avenue, Edison, NJ, USA, 08820
Eos Energy Enterprises Inc designs develop, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.
Executives
Jeffrey S Bornstein director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Joe Mastrangelo director, officer: Chief Executive Officer 199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Jeff Mcneil director 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri officer: Chief Accounting Officer 6525 SHADY OAK LANE, MASON OH 45040
Nathan Kroeker officer: Chief Financial Officer 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Russell Monoki Stidolph director 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales officer: Chief Financial Officer EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141
Marian Walters director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367