KDKN (Kodiak Energy) Asset Turnover: 0.02 (As of Sep. 2011)

What is Kodiak Energy Asset Turnover?

Kodiak Energy KDKN -90.00% Asset Turnover is 0.02 as of Sep. 2011.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kodiak Energy's Revenue for the three months ended in Sep. 2011 was $0.71 Mil. Kodiak Energy's Total Assets for the quarter that ended in Sep. 2011 was $33.33 Mil. Therefore, Kodiak Energy's Asset Turnover for the quarter that ended in Sep. 2011 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Kodiak Energy's annualized ROE % for the quarter that ended in Sep. 2011 was -21.55%. It is also linked to ROA % through Du Pont Formula. Kodiak Energy's annualized ROA % for the quarter that ended in Sep. 2011 was -12.82%.

Kodiak Energy (OTCPK:KDKN) Asset Turnover Explanation

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

Kodiak Energy's annulized ROE % for the quarter that ended in Sep. 2011 is

	ROE %^**		(Q: Sep. 2011 )
=	Net Income	/	Total Stockholders Equity
=	-4.272	/	19.821
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-4.272 / 2.824)	*	(2.824 / 33.3255)	*	(33.3255/ 19.821)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-151.27 %	*	0.0847	*	1.6813
=	ROA %	*	Equity Multiplier
=	-12.82 %	*	1.6813
=	-21.55 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) 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:

Kodiak Energy's annulized ROA % for the quarter that ended in Sep. 2011 is

	ROA %		(Q: Sep. 2011 )
=	Net Income	/	Total Assets
=	-4.272	/	33.3255
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-4.272 / 2.824)	*	(2.824 / 33.3255)
=	Net Margin %	*	Asset Turnover
=	-151.27 %	*	0.0847
=	-12.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) revenue data.

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.

Kodiak Energy Asset Turnover Related Terms

Kodiak Energy Asset Turnover Historical Data

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The historical data trend for Kodiak Energy's Asset Turnover can be seen below:

Kodiak Energy Asset Turnover Chart

Kodiak Energy Annual Data

Trend

Mar01

Mar02

Mar03

Mar04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Asset Turnover

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0.02

0.00

0.02

0.10

Kodiak Energy Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Asset Turnover	Get a 7-Day Free Trial															0.03	0.02	0.02	0.02	0.02

KDKN vs CPPXF, PVAHQ: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Kodiak 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.

Kodiak Energy Asset Turnover vs Oil & Gas Industry

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

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

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Kodiak Energy Asset Turnover Calculation

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

Kodiak Energy's Asset Turnover for the fiscal year that ended in Dec. 2010 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2010 )	/	( (Total Assets (A: Dec. 2009 )	+	Total Assets (A: Dec. 2010 ))	/ count )
=	3.112	/	( (31.658	+	29.515)	/ 2 )
=	3.112	/	30.5865
=	0.10

Kodiak Energy's Asset Turnover for the quarter that ended in Sep. 2011 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2011 )	/	( (Total Assets (Q: Jun. 2011 )	+	Total Assets (Q: Sep. 2011 ))	/ count )
=	0.706	/	( (34.46	+	32.191)	/ 2 )
=	0.706	/	33.3255
=	0.02

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.02 mean?

Kodiak Energy (KDKN) has a Asset Turnover of 0.02 as of Sep. 2011. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kodiak Energy and its competitors.

Is Kodiak Energy's Asset Turnover too high?

Kodiak Energy's current Asset Turnover is 0.02.

How does Kodiak Energy's Asset Turnover compare to CPPXF and PVAHQ?

Kodiak Energy's Asset Turnover of 0.02 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for an Oil & Gas company?

A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kodiak Energy and its competitors. Kodiak Energy's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kodiak Energy stock overvalued right now?

Kodiak Energy (KDKN) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Kodiak Energy (KDKN), the current Asset Turnover is 0.02 as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kodiak Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:ATI MIC:GTLC TSXV:CEY.H FRA:HQN TSXV:HOC TSXV:IFR TSXV:NZ ASX:E2E XPAR:MLSEQ TSXV:EBY ASX:XCD TSXV:PLX CPPXF TSXV:ONV ASX:GBP XCNQ:SQX XCNQ:JBR TSXV:HOIL.H TSXV:SC.H PVAHQ

Address 833 4th Avenue SouthWest, Suite 1120, Calgary, AB, CAN, T2P 3T5

Website http://www.kodiakpetroleum.com

Kodiak Energy Inc is an exploration stage oil and gas company that devotes its efforts in exploring for natural resources and in acquiring properties that are prospective for petroleum and natural gas and related hydrocarbons.