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HyperDynamics (HyperDynamics) Asset Turnover : 0.00 (As of Jun. 2017)


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What is HyperDynamics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HyperDynamics's Revenue for the three months ended in Jun. 2017 was $0.00 Mil. HyperDynamics's Total Assets for the quarter that ended in Jun. 2017 was $4.23 Mil. Therefore, HyperDynamics's Asset Turnover for the quarter that ended in Jun. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. HyperDynamics's annualized ROE % for the quarter that ended in Jun. 2017 was 15,898.73%. It is also linked to ROA % through Du Pont Formula. HyperDynamics's annualized ROA % for the quarter that ended in Jun. 2017 was -1,188.55%.


HyperDynamics Asset Turnover Historical Data

The historical data trend for HyperDynamics'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.

HyperDynamics Asset Turnover Chart

HyperDynamics Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Asset Turnover
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HyperDynamics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of HyperDynamics's Asset Turnover

For the Oil & Gas E&P subindustry, HyperDynamics'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.


HyperDynamics's Asset Turnover Distribution in the Oil & Gas Industry

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

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



HyperDynamics Asset Turnover Calculation

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

HyperDynamics's Asset Turnover for the fiscal year that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2017 )/( (Total Assets (A: Jun. 2016 )+Total Assets (A: Jun. 2017 ))/ count )
=0/( (11.678+2.725)/ 2 )
=0/7.2015
=0.00

HyperDynamics's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=0/( (5.729+2.725)/ 2 )
=0/4.227
=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.


HyperDynamics  (OTCPK:HDYNQ) Asset Turnover Explanation

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

HyperDynamics's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-50.24/-0.316
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-50.24 / 0)*(0 / 4.227)*(4.227/ -0.316)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-13.3766
=ROA %*Equity Multiplier
=-1,188.55 %*-13.3766
=15,898.73 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

HyperDynamics's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-50.24/4.227
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-50.24 / 0)*(0 / 4.227)
=Net Margin %*Asset Turnover
= %*0
=-1,188.55 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


HyperDynamics Asset Turnover Related Terms

Thank you for viewing the detailed overview of HyperDynamics's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


HyperDynamics (HyperDynamics) Business Description

Traded in Other Exchanges
N/A
Address
12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079
HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.
Executives
Fred S Zeidman director 109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
David W Wesson officer: Vice President and CFO 12012 WICKCHESTER LANE, SUITE 475, HOUSTON, TX 77079
David Owen director
Robert A Solberg director ONE SUGAR CREEK CENTER BOULEVARD, SUITE 125, SUGAR LAND TX 77478
Paul C Reinbolt officer: Executive VP and CFO 12012 WICKCHESTER LANE,, SUITE 475, HOUSTON TX 77079
Steven M Plumb other: Exiting Filer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317

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