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Berkley Renewables (FRA:W8O1) Asset Turnover : 0.04 (As of Sep. 2018)


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What is Berkley Renewables Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Berkley Renewables's Revenue for the three months ended in Sep. 2018 was €0.16 Mil. Berkley Renewables's Total Assets for the quarter that ended in Sep. 2018 was €3.63 Mil. Therefore, Berkley Renewables's Asset Turnover for the quarter that ended in Sep. 2018 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Berkley Renewables's annualized ROE % for the quarter that ended in Sep. 2018 was 36.62%. It is also linked to ROA % through Du Pont Formula. Berkley Renewables's annualized ROA % for the quarter that ended in Sep. 2018 was -9.91%.


Berkley Renewables Asset Turnover Historical Data

The historical data trend for Berkley Renewables'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.

Berkley Renewables Asset Turnover Chart

Berkley Renewables Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.45 0.31 0.31 0.31

Berkley Renewables Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.03 0.26 0.04 0.04 0.04

Competitive Comparison of Berkley Renewables's Asset Turnover

For the Utilities - Renewable subindustry, Berkley Renewables'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.


Berkley Renewables's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Berkley Renewables's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Berkley Renewables's Asset Turnover falls into.



Berkley Renewables Asset Turnover Calculation

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

Berkley Renewables's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=1.142/( (3.168+4.25)/ 2 )
=1.142/3.709
=0.31

Berkley Renewables's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=0.161/( (4.321+2.948)/ 2 )
=0.161/3.6345
=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.


Berkley Renewables  (FRA:W8O1) Asset Turnover Explanation

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

Berkley Renewables's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-0.36/-0.983
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.36 / 0.644)*(0.644 / 3.6345)*(3.6345/ -0.983)
=Net Margin %*Asset Turnover*Equity Multiplier
=-55.9 %*0.1772*-3.6974
=ROA %*Equity Multiplier
=-9.91 %*-3.6974
=36.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Berkley Renewables's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-0.36/3.6345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.36 / 0.644)*(0.644 / 3.6345)
=Net Margin %*Asset Turnover
=-55.9 %*0.1772
=-9.91 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Berkley Renewables Asset Turnover Related Terms

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Berkley Renewables (FRA:W8O1) Business Description

Traded in Other Exchanges
N/A
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Berkley Renewables Inc is engaged in diversifying its business into renewable sources of energy which includes management and operation of photovoltaic power generation.

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