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LinnCo LLC (LinnCo LLC) Asset Turnover : 0.00 (As of Sep. 2016)


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What is LinnCo LLC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LinnCo LLC's Revenue for the three months ended in Sep. 2016 was $0.00 Mil. LinnCo LLC's Total Assets for the quarter that ended in Sep. 2016 was $11.94 Mil. Therefore, LinnCo LLC's Asset Turnover for the quarter that ended in Sep. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LinnCo LLC's annualized ROE % for the quarter that ended in Sep. 2016 was 11,207.18%. It is also linked to ROA % through Du Pont Formula. LinnCo LLC's annualized ROA % for the quarter that ended in Sep. 2016 was -366.17%.


LinnCo LLC Asset Turnover Historical Data

The historical data trend for LinnCo LLC'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.

LinnCo LLC Asset Turnover Chart

LinnCo LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial 0.23 - - - -

LinnCo LLC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - - - - -

Competitive Comparison of LinnCo LLC's Asset Turnover

For the Oil & Gas E&P subindustry, LinnCo LLC'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.


LinnCo LLC's Asset Turnover Distribution in the Oil & Gas Industry

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

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



LinnCo LLC Asset Turnover Calculation

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

LinnCo LLC's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=0/( (1368.022+37.408)/ 2 )
=0/702.715
=0.00

LinnCo LLC's Asset Turnover for the quarter that ended in Sep. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=0/( (17.55+6.323)/ 2 )
=0/11.9365
=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.


LinnCo LLC  (OTCPK:LNCOQ) Asset Turnover Explanation

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

LinnCo LLC's annulized ROE % for the quarter that ended in Sep. 2016 is

ROE %**(Q: Sep. 2016 )
=Net Income/Total Stockholders Equity
=-43.708/-0.39
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.708 / 0)*(0 / 11.9365)*(11.9365/ -0.39)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-30.6064
=ROA %*Equity Multiplier
=-366.17 %*-30.6064
=11,207.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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:

LinnCo LLC's annulized ROA % for the quarter that ended in Sep. 2016 is

ROA %(Q: Sep. 2016 )
=Net Income/Total Assets
=-43.708/11.9365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-43.708 / 0)*(0 / 11.9365)
=Net Margin %*Asset Turnover
= %*0
=-366.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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.


LinnCo LLC Asset Turnover Related Terms

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LinnCo LLC (LinnCo LLC) Business Description

Traded in Other Exchanges
N/A
Address
LinnCo LLC is a Delaware limited liability company formed on April 30, 2012, under the Delaware Limited Liability Company Act. The Company owns interests in Linn Energy, LLC. It had no significant assets or operations other than those related to its interest in LINN Energy. LINN Energy is an independent oil and natural gas company. Its properties, including those acquired in the Berry acquisition, are located in seven operating regions in the U.S. are Rockies, which includes properties located in Wyoming (Green River Basin and Powder River Basin), Utah (Uinta Basin), North Dakota (Williston Basin) and Colorado (Piceance Basin); Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays); Hugoton Basin, which includes properties located in Kansas and the Shallow Texas Panhandle; California, which includes the San Joaquin Valley Basin and the Los Angeles Basin; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; and East Texas, which includes properties located in east Texas.
Executives
Stephen J Hadden director 3 SUMMIT PARK DRIVE, SUITE 700, INDEPENDENCE OH 44131
Mark E Ellis director, officer: Chairman, President and CEO 717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
David D Dunlap other: Former Director 3003 SWISS AVE HOUSTON TX 75204
George A Alcorn director P O BOX 4362, HOUSTON TX 77210-4362
Jeffrey C Swoveland director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203

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