Hynion AS (FRA:36R) Asset Turnover: 0.10 (As of Jun. 2024)


FRA:36R Hynion AS FRA:36R
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What is Hynion AS Asset Turnover?

Hynion AS FRA:36R 10 Asset Turnover is 0.10 as of Jun. 2024. GuruFocus rates FRA:36R with a GF Score™ of 10/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hynion AS's Revenue for the six months ended in Jun. 2024 was €0.35 Mil. Hynion AS's Total Assets for the quarter that ended in Jun. 2024 was €3.55 Mil. Therefore, Hynion AS's Asset Turnover for the quarter that ended in Jun. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Hynion AS's annualized ROE % for the quarter that ended in Jun. 2024 was -87.76%. It is also linked to ROA % through Du Pont Formula. Hynion AS's annualized ROA % for the quarter that ended in Jun. 2024 was -45.66%.

Hynion AS  (FRA:36R) Asset Turnover Explanation

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

Hynion AS's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-1.62/1.846
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.62 / 0.692)*(0.692 / 3.548)*(3.548/ 1.846)
=Net Margin %*Asset Turnover*Equity Multiplier
=-234.1 %*0.195*1.922
=ROA %*Equity Multiplier
=-45.66 %*1.922
=-87.76 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Hynion AS's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-1.62/3.548
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.62 / 0.692)*(0.692 / 3.548)
=Net Margin %*Asset Turnover
=-234.1 %*0.195
=-45.66 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.

Hynion AS Asset Turnover Related Terms

Hynion AS Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hynion AS'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.

Hynion AS Asset Turnover Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.13 0.20 0.05 0.06 0.08

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.03 0.04 0.03 0.05 0.10

FRA:36R vs TSCO, WSM, ULTA: Asset Turnover Comparison

For the Specialty Retail subindustry, Hynion AS'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.

Hynion AS Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hynion AS's Asset Turnover falls into.


FRA:36R
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Hynion AS FRA:36R
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Hynion AS Asset Turnover Calculation

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

Hynion AS's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.403/( (6.695+3.11)/ 2 )
=0.403/4.9025
=0.08

Hynion AS's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.346/( (3.11+3.986)/ 2 )
=0.346/3.548
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.10 mean?
Hynion AS (FRA:36R) has a Asset Turnover of 0.10 as of Jun. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hynion AS and its competitors.
Is Hynion AS's Asset Turnover too high?
Hynion AS's current Asset Turnover is 0.10. Overall, Hynion AS has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hynion AS's Asset Turnover compare to TSCO and WSM?
Hynion AS's Asset Turnover of 0.10 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Hynion AS and its competitors. Hynion AS's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (FRA:36R) has a current Asset Turnover of 0.10. The current Asset Turnover is 0.10. Hynion AS's overall GF Score™ is 10/100. 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 Hynion AS (FRA:36R), the current Asset Turnover is 0.10 as of Jun. 2024. 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.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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