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BPZ Resources (FRA:NA4) Asset Turnover : 0.04 (As of Mar. 2015)


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What is BPZ Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BPZ Resources's Revenue for the three months ended in Mar. 2015 was €10.46 Mil. BPZ Resources's Total Assets for the quarter that ended in Mar. 2015 was €245.42 Mil. Therefore, BPZ Resources's Asset Turnover for the quarter that ended in Mar. 2015 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. BPZ Resources's annualized ROE % for the quarter that ended in Mar. 2015 was -363.37%. It is also linked to ROA % through Du Pont Formula. BPZ Resources's annualized ROA % for the quarter that ended in Mar. 2015 was -29.77%.


BPZ Resources Asset Turnover Historical Data

The historical data trend for BPZ Resources'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.

BPZ Resources Asset Turnover Chart

BPZ Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.29 0.23 0.11 0.26

BPZ Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.05 0.06 0.05 0.06 0.04

Competitive Comparison of BPZ Resources's Asset Turnover

For the Oil & Gas E&P subindustry, BPZ Resources'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.


BPZ Resources's Asset Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where BPZ Resources's Asset Turnover falls into.



BPZ Resources Asset Turnover Calculation

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

BPZ Resources's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=68.04/( (296.927+236.293)/ 2 )
=68.04/266.61
=0.26

BPZ Resources's Asset Turnover for the quarter that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=10.459/( (236.293+254.55)/ 2 )
=10.459/245.4215
=0.04

* 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.


BPZ Resources  (FRA:NA4) Asset Turnover Explanation

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

BPZ Resources's annulized ROE % for the quarter that ended in Mar. 2015 is

ROE %**(Q: Mar. 2015 )
=Net Income/Total Stockholders Equity
=-73.06/20.106
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-73.06 / 41.836)*(41.836 / 245.4215)*(245.4215/ 20.106)
=Net Margin %*Asset Turnover*Equity Multiplier
=-174.63 %*0.1705*12.2064
=ROA %*Equity Multiplier
=-29.77 %*12.2064
=-363.37 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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:

BPZ Resources's annulized ROA % for the quarter that ended in Mar. 2015 is

ROA %(Q: Mar. 2015 )
=Net Income/Total Assets
=-73.06/245.4215
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-73.06 / 41.836)*(41.836 / 245.4215)
=Net Margin %*Asset Turnover
=-174.63 %*0.1705
=-29.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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.


BPZ Resources Asset Turnover Related Terms

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BPZ Resources (FRA:NA4) Business Description

Traded in Other Exchanges
N/A
Address
BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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