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EXE (Expand Energy) Asset Turnover : 0.10 (As of Dec. 2024)


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What is Expand Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Expand Energy's Revenue for the three months ended in Dec. 2024 was $1,999 Mil. Expand Energy's Total Assets for the quarter that ended in Dec. 2024 was $20,643 Mil. Therefore, Expand Energy's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Expand Energy's annualized ROE % for the quarter that ended in Dec. 2024 was -11.50%. It is also linked to ROA % through Du Pont Formula. Expand Energy's annualized ROA % for the quarter that ended in Dec. 2024 was -7.73%.


Expand Energy Asset Turnover Historical Data

The historical data trend for Expand 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.

* Premium members only.

Expand Energy Asset Turnover Chart

Expand Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 - 0.86 0.52 0.20

Expand Energy 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 0.13 0.08 0.04 0.05 0.10

Competitive Comparison of Expand Energy's Asset Turnover

For the Oil & Gas E&P subindustry, Expand 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.


Expand Energy's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expand Energy's Asset Turnover distribution charts can be found below:

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



Expand Energy Asset Turnover Calculation

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

Expand Energy'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 )
=4221/( (14376+27894)/ 2 )
=4221/21135
=0.20

Expand Energy'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 )
=1999/( (13392+27894)/ 2 )
=1999/20643
=0.10

* 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.


Expand Energy  (NAS:EXE) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-1596/13876.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1596 / 7996)*(7996 / 20643)*(20643/ 13876.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-19.96 %*0.3873*1.4876
=ROA %*Equity Multiplier
=-7.73 %*1.4876
=-11.50 %

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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-1596/20643
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1596 / 7996)*(7996 / 20643)
=Net Margin %*Asset Turnover
=-19.96 %*0.3873
=-7.73 %

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.


Expand Energy Asset Turnover Related Terms

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Expand Energy Business Description

Traded in Other Exchanges
Address
6100 North Western Avenue, P.O. Box 18496, Oklahoma City, USA, 73154
Expand Energy Corp independent natural gas producer in the United States. It is fueling a more affordable, reliable and lower-carbon future. The group focused on developing abundant natural gas, oil, and gas liquids to expand energy access.
Executives
Dell'osso Domenic J Jr officer: Exec. Vice President & CFO 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Michael Wichterich director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Joshua J. Viets officer: EVP & COO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Intermediate Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine (pub) Aggregator L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Brookfield Us Inc. 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Ocm Xi Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Xb Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Public Securities Group Holdings Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Gregory M. Larson officer: VP-Accounting & Controller 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mohit Singh officer: EVP & CFO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118