Beacon Energy (LSE:BCE) Asset Turnover : 0.02 (As of Jun. 2024)

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What is Beacon Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Beacon Energy's Revenue for the six months ended in Jun. 2024 was £0.50 Mil. Beacon Energy's Total Assets for the quarter that ended in Jun. 2024 was £21.82 Mil. Therefore, Beacon Energy's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Beacon Energy's annualized ROE % for the quarter that ended in Jun. 2024 was -14.92%. It is also linked to ROA % through Du Pont Formula. Beacon Energy's annualized ROA % for the quarter that ended in Jun. 2024 was -8.51%.

Beacon Energy Asset Turnover Historical Data

The historical data trend for Beacon Energy'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.

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Beacon Energy Asset Turnover Chart

Beacon Energy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Dec23

Asset Turnover

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0.07

Beacon Energy Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Jun23	Dec23	Jun24
Asset Turnover	Get a 7-Day Free Trial															-	-	0.03	0.03	0.02

Competitive Comparison of Beacon Energy's Asset Turnover

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

Beacon Energy's Asset Turnover Distribution in the Oil & Gas Industry

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

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

Beacon Energy Asset Turnover Calculation

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

Beacon Energy's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2023 )	/	( (Total Assets (A: Apr. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
=	0.76	/	( (0.581	+	20.595)	/ 2 )
=	0.76	/	10.588
=	0.07

Beacon Energy's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0.498	/	( (20.595	+	23.046)	/ 2 )
=	0.498	/	21.8205
=	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.

Beacon Energy (LSE:BCE) Asset Turnover Explanation

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

Beacon Energy's annulized ROE % for the quarter that ended in Jun. 2024 is

	ROE %^**		(Q: Jun. 2024 )
=	Net Income	/	Total Stockholders Equity
=	-1.856	/	12.443
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-1.856 / 0.996)	*	(0.996 / 21.8205)	*	(21.8205/ 12.443)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-186.35 %	*	0.0456	*	1.7536
=	ROA %	*	Equity Multiplier
=	-8.51 %	*	1.7536
=	-14.92 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue data.

^** 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:

Beacon Energy's annulized ROA % for the quarter that ended in Jun. 2024 is

	ROA %		(Q: Jun. 2024 )
=	Net Income	/	Total Assets
=	-1.856	/	21.8205
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-1.856 / 0.996)	*	(0.996 / 21.8205)
=	Net Margin %	*	Asset Turnover
=	-186.35 %	*	0.0456
=	-8.51 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.

Beacon Energy Asset Turnover Related Terms

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