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EXIXQ.PFD (Energy XXI) Asset Turnover : 0.15 (As of Sep. 2016)


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What is Energy XXI Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Energy XXI's Revenue for the three months ended in Sep. 2016 was $142.61 Mil. Energy XXI's Total Assets for the quarter that ended in Sep. 2016 was $975.05 Mil. Therefore, Energy XXI's Asset Turnover for the quarter that ended in Sep. 2016 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Energy XXI's annualized ROE % for the quarter that ended in Sep. 2016 was 19.29%. It is also linked to ROA % through Du Pont Formula. Energy XXI's annualized ROA % for the quarter that ended in Sep. 2016 was -53.80%.


Energy XXI Asset Turnover Historical Data

The historical data trend for Energy XXI'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.

Energy XXI Asset Turnover Chart

Energy XXI Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.34 0.21 0.23 0.25

Energy XXI Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.06 0.07 0.08 0.13 0.15

Competitive Comparison of Energy XXI's Asset Turnover

For the Oil & Gas E&P subindustry, Energy XXI'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.


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

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

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



Energy XXI Asset Turnover Calculation

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

Energy XXI's Asset Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2016 )/( (Total Assets (A: Jun. 2015 )+Total Assets (A: Jun. 2016 ))/ count )
=706.527/( (4690.829+1025.434)/ 2 )
=706.527/2858.1315
=0.25

Energy XXI's Asset Turnover for the quarter that ended in Sep. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=142.611/( (1025.434+924.659)/ 2 )
=142.611/975.0465
=0.15

* 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.


Energy XXI  (OTCPK:EXIXQ.PFD) Asset Turnover Explanation

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

Energy XXI's annulized ROE % for the quarter that ended in Sep. 2016 is

ROE %**(Q: Sep. 2016 )
=Net Income/Total Stockholders Equity
=-524.584/-2719.6035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-524.584 / 570.444)*(570.444 / 975.0465)*(975.0465/ -2719.6035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-91.96 %*0.585*-0.3585
=ROA %*Equity Multiplier
=-53.80 %*-0.3585
=19.29 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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:

Energy XXI's annulized ROA % for the quarter that ended in Sep. 2016 is

ROA %(Q: Sep. 2016 )
=Net Income/Total Assets
=-524.584/975.0465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-524.584 / 570.444)*(570.444 / 975.0465)
=Net Margin %*Asset Turnover
=-91.96 %*0.585
=-53.80 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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.


Energy XXI Asset Turnover Related Terms

Thank you for viewing the detailed overview of Energy XXI's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy XXI Business Description

Traded in Other Exchanges
N/A
Address
Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.
Executives
Norman Louie director 280 PARK AVENUE 4TH FLOOR EAST, NEW YORK NY 10017
James Lachance director C/O FRIENDFINDER NETWORKS INC., 6800 BROKEN SOUND PKWY., BOCA RATON FL 33487
Bruce W Busmire officer: Chief Financial Officer 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Scott A Griffiths director 2220 DUNSTAN ROAD, HOUSTON TX 77005
Todd Reid officer: Sr VP, Marketing & Risk Mgmt 1021 MAIN ST, SUITE 2626, HOUSTON TX 77002
Pinho Antonio De officer: Sr. VP, JV, OBO, Technology 1021 MAIN ST. SUITE 2626, HOUSTON TX 77002
Kevin S Flannery director
Dupre Ii Cornelius director 510 BERING, STE 455, HOUSTON TX 77057
Third Point Offshore Fund, Ltd. 10 percent owner C/O INTERNATIONAL FUND SERVICES(IRELAND), BISHOP'S SQUARE, REDMOND'S HILL, DUBLIN 2 L2 00000
Hugh A Menown officer: Vice Pres, Chief Acct Officer 808 TRAVIS, SUITE 850, HOUSTON TX 77002
Paul Davison director SELWOOD RICKFORD WORPLESDON, SURREY X0 GU3 3PJ
Hill A Feinberg director 3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Stewart Lawrence officer: Vice President, Inv. Relations 1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
Rick D Fox other: Controller 1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
David M Dunwoody director 3417 MILAM, HOUSTON TX 77002