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MPC Energy Solutions NV (FRA:5IX) Asset Turnover : 0.03 (As of Sep. 2024)


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What is MPC Energy Solutions NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MPC Energy Solutions NV's Revenue for the three months ended in Sep. 2024 was €3.01 Mil. MPC Energy Solutions NV's Total Assets for the quarter that ended in Sep. 2024 was €116.92 Mil. Therefore, MPC Energy Solutions NV's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. MPC Energy Solutions NV's annualized ROE % for the quarter that ended in Sep. 2024 was -2.40%. It is also linked to ROA % through Du Pont Formula. MPC Energy Solutions NV's annualized ROA % for the quarter that ended in Sep. 2024 was -1.19%.


MPC Energy Solutions NV Asset Turnover Historical Data

The historical data trend for MPC Energy Solutions NV'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.

MPC Energy Solutions NV Asset Turnover Chart

MPC Energy Solutions NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- - 0.04 0.07

MPC Energy Solutions NV Quarterly Data
Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.02 0.02 0.02 0.03

Competitive Comparison of MPC Energy Solutions NV's Asset Turnover

For the Utilities - Renewable subindustry, MPC Energy Solutions NV'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.


MPC Energy Solutions NV's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MPC Energy Solutions NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MPC Energy Solutions NV's Asset Turnover falls into.


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MPC Energy Solutions NV Asset Turnover Calculation

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

MPC Energy Solutions NV'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 )
=8.337/( (121.73+112.881)/ 2 )
=8.337/117.3055
=0.07

MPC Energy Solutions NV's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=3.012/( (121.855+111.984)/ 2 )
=3.012/116.9195
=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.


MPC Energy Solutions NV  (FRA:5IX) Asset Turnover Explanation

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

MPC Energy Solutions NV's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-1.388/57.8805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.388 / 12.048)*(12.048 / 116.9195)*(116.9195/ 57.8805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.52 %*0.103*2.02
=ROA %*Equity Multiplier
=-1.19 %*2.02
=-2.40 %

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

MPC Energy Solutions NV's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-1.388/116.9195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.388 / 12.048)*(12.048 / 116.9195)
=Net Margin %*Asset Turnover
=-11.52 %*0.103
=-1.19 %

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


MPC Energy Solutions NV Asset Turnover Related Terms

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MPC Energy Solutions NV Business Description

Traded in Other Exchanges
Address
Apollolaan 151, Unit 121, Amsterdam, NLD, 1077 AR
MPC Energy Solutions NV is a provider of sustainable energy and focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. It acts as an integrated independent power producer (IPP) focused on renewable energy and energy efficiency projects. It develops, builds, owns, and operates renewable energy assets, including utility-scale solar photovoltaics (PV) and onshore wind farms, energy efficiency solutions, and hybrid projects, combining renewable sources and storage technologies. Its objective is to build an operational asset base as a independent power producer (IPP) with a diversified portfolio and attractive returns.

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