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Hullera Vasco Leonesa S.A. (LSE:0OKC) Asset Turnover : 0.09 (As of Jun. 2015)


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What is Hullera Vasco Leonesa S.A. Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hullera Vasco Leonesa S.A.'s Revenue for the six months ended in Jun. 2015 was €11.10 Mil. Hullera Vasco Leonesa S.A.'s Total Assets for the quarter that ended in Jun. 2015 was €125.08 Mil. Therefore, Hullera Vasco Leonesa S.A.'s Asset Turnover for the quarter that ended in Jun. 2015 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Hullera Vasco Leonesa S.A.'s annualized ROE % for the quarter that ended in Jun. 2015 was -58.68%. It is also linked to ROA % through Du Pont Formula. Hullera Vasco Leonesa S.A.'s annualized ROA % for the quarter that ended in Jun. 2015 was -29.31%.


Hullera Vasco Leonesa S.A. Asset Turnover Historical Data

The historical data trend for Hullera Vasco Leonesa S.A.'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.

Hullera Vasco Leonesa S.A. Asset Turnover Chart

Hullera Vasco Leonesa S.A. Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Asset Turnover
Get a 7-Day Free Trial 0.49 0.26 0.51 0.28 0.46

Hullera Vasco Leonesa S.A. Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Jun15
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.19 0.26 0.21 0.09

Competitive Comparison of Hullera Vasco Leonesa S.A.'s Asset Turnover

For the Other Industrial Metals & Mining subindustry, Hullera Vasco Leonesa S.A.'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.


Hullera Vasco Leonesa S.A.'s Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hullera Vasco Leonesa S.A.'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hullera Vasco Leonesa S.A.'s Asset Turnover falls into.



Hullera Vasco Leonesa S.A. Asset Turnover Calculation

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

Hullera Vasco Leonesa S.A.'s Asset Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=78.074/( (187.114+154.73)/ 2 )
=78.074/170.922
=0.46

Hullera Vasco Leonesa S.A.'s Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Jun. 2015 ))/ count )
=11.101/( (133.868+116.296)/ 2 )
=11.101/125.082
=0.09

* 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.


Hullera Vasco Leonesa S.A.  (LSE:0OKC) Asset Turnover Explanation

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

Hullera Vasco Leonesa S.A.'s annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=-36.664/62.4775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.664 / 22.202)*(22.202 / 125.082)*(125.082/ 62.4775)
=Net Margin %*Asset Turnover*Equity Multiplier
=-165.14 %*0.1775*2.002
=ROA %*Equity Multiplier
=-29.31 %*2.002
=-58.68 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2015) net income data. The Revenue data used here is two times the semi-annual (Jun. 2015) 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:

Hullera Vasco Leonesa S.A.'s annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=-36.664/125.082
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-36.664 / 22.202)*(22.202 / 125.082)
=Net Margin %*Asset Turnover
=-165.14 %*0.1775
=-29.31 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2015) net income data. The Revenue data used here is two times the semi-annual (Jun. 2015) 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.


Hullera Vasco Leonesa S.A. Asset Turnover Related Terms

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Hullera Vasco Leonesa S.A. (LSE:0OKC) Business Description

Traded in Other Exchanges
N/A
Address
Hullera Vasco Leonesa S.A. is engaged in the exploration and development of coal mines in Europe.

Hullera Vasco Leonesa S.A. (LSE:0OKC) Headlines

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