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Ventura Offshore Holding (FRA:G4C) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Ventura Offshore Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ventura Offshore Holding's Revenue for the six months ended in Dec. 2024 was €0.0 Mil. Ventura Offshore Holding's Total Assets for the quarter that ended in Dec. 2024 was €549.2 Mil. Therefore, Ventura Offshore Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ventura Offshore Holding's annualized ROE % for the quarter that ended in Dec. 2024 was 0.00%. It is also linked to ROA % through Du Pont Formula. Ventura Offshore Holding's annualized ROA % for the quarter that ended in Dec. 2024 was 0.00%.


Ventura Offshore Holding Asset Turnover Historical Data

The historical data trend for Ventura Offshore Holding'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.

Ventura Offshore Holding Asset Turnover Chart

Ventura Offshore Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.09 0.10 0.25 -

Ventura Offshore Holding Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Asset Turnover 0.09 0.10 0.25 -

Competitive Comparison of Ventura Offshore Holding's Asset Turnover

For the Oil & Gas Drilling subindustry, Ventura Offshore Holding'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.


Ventura Offshore Holding's Asset Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ventura Offshore Holding's Asset Turnover falls into.


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Ventura Offshore Holding Asset Turnover Calculation

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

Ventura Offshore Holding'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 )
=0/( (466.074+632.231)/ 2 )
=0/549.1525
=0.00

Ventura Offshore Holding'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: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (466.074+632.231)/ 2 )
=0/549.1525
=0.00

* 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.


Ventura Offshore Holding  (FRA:G4C) Asset Turnover Explanation

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

Ventura Offshore Holding's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=0/210.878
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 549.1525)*(549.1525/ 210.878)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.6041
=ROA %*Equity Multiplier
=0.00 %*2.6041
=0.00 %

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

Ventura Offshore Holding's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=0/549.1525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 549.1525)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Ventura Offshore Holding Asset Turnover Related Terms

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Ventura Offshore Holding Business Description

Traded in Other Exchanges
Address
Avenida Lacerda Agostinho, 1205 - Virgem Santa, Macae, RJ, BRA, CEP: 27948-005
Ventura Offshore Holding Ltd is a deep water drilling contractor providing offshore drilling services to the oil and gas industry. The Group focuses on deep water drilling operations in water depths of up to 12,000 feet and core activities are focused in the Brazilian offshore oil and gas market. Also Group owns and operates the drillship Carolina and the semisubmersible rig Victoria (the Owned Rigs), and manages the drillship Zonda and semisubmersible rig Catarina (the Managed Rigs, and together with the Owned Rigs, the Rigs), all of which drilling rigs capable of drilling in ultra deep waters.

Ventura Offshore Holding Headlines

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