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Talisman Energy (FRA:TLM) Asset Turnover : 0.00 (As of Dec. 2014)


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What is Talisman Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Talisman Energy's Revenue for the three months ended in Dec. 2014 was €36 Mil. Talisman Energy's Total Assets for the quarter that ended in Dec. 2014 was €14,308 Mil. Therefore, Talisman Energy's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Talisman Energy's annualized ROE % for the quarter that ended in Dec. 2014 was -79.26%. It is also linked to ROA % through Du Pont Formula. Talisman Energy's annualized ROA % for the quarter that ended in Dec. 2014 was -36.05%.


Talisman Energy Asset Turnover Historical Data

The historical data trend for Talisman Energy'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.

Talisman Energy Asset Turnover Chart

Talisman Energy 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 0.33 0.36 0.33 0.23 0.22

Talisman Energy Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.07 0.07 0.06 -

Competitive Comparison of Talisman Energy's Asset Turnover

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


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

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

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



Talisman Energy Asset Turnover Calculation

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

Talisman Energy'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 )
=3051.793/( (13987.53+14054.63)/ 2 )
=3051.793/14021.08
=0.22

Talisman Energy's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=35.684/( (14561.64+14054.63)/ 2 )
=35.684/14308.135
=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.


Talisman Energy  (FRA:TLM) Asset Turnover Explanation

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

Talisman Energy's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-5157.96/6507.9195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5157.96 / 142.736)*(142.736 / 14308.135)*(14308.135/ 6507.9195)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3613.64 %*0.01*2.1986
=ROA %*Equity Multiplier
=-36.05 %*2.1986
=-79.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Talisman Energy's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-5157.96/14308.135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5157.96 / 142.736)*(142.736 / 14308.135)
=Net Margin %*Asset Turnover
=-3613.64 %*0.01
=-36.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.


Talisman Energy Asset Turnover Related Terms

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Talisman Energy (FRA:TLM) Business Description

Traded in Other Exchanges
N/A
Address
Talisman Energy Inc was incorporated under the Canada Business Corporations Act in Canada on December 14, 1982. The Company is a Canadian-based independent oil and gas producers company. Its main business activities are exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids. In 2014, the Company's activities were conducted in four geographic segments: North America, the North Sea, Southeast Asia, and Other. The North America segment includes operations in Canada and the U.S. The North Sea segment includes operations and exploration activities in the UK and Norway. The Southeast Asia segment includes operations and exploration activities in Indonesia, Malaysia, Vietnam and Papua New Guinea and non-operated production in Australia/Timor-Leste. The Company also had non-operated production in Algeria, operations and exploration activities in Colombia and exploration activities in the Kurdistan Region of Iraq. For ease of reference, the activities in Algeria, Colombia and the Kurdistan Region of Iraq, where applicable, are referred to collectively as the other geographic segment or Rest of World, except where otherwise noted. For operational purposes, Talisman has two core operating areas: the Americas and Asia-Pacific. The Company's aggregate production from its consolidated entities and equity investments for the year ended December 31, 2014 was 369 mboe/d, comprised of 43 mbbls/d of oil and liquids and 794 mmcf/d of gas from North America; 43 mbbls/d of oil and 510 mmcf/d of gas from Southeast Asia; 30 mbbls/d of oil and liquids and 20 mmcf/d of gas from the North Sea; and 24 mbbls/d of oil and liquids and 48 mmcf/d of gas from other areas.

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