GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Atrato Onsite Energy PLC (LSE:ROOF) » Definitions » Asset Turnover

Atrato Onsite Energy (LSE:ROOF) Asset Turnover : 0.01 (As of Sep. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Atrato Onsite 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. Atrato Onsite Energy's Revenue for the six months ended in Sep. 2023 was £1.78 Mil. Atrato Onsite Energy's Total Assets for the quarter that ended in Sep. 2023 was £139.89 Mil. Therefore, Atrato Onsite Energy's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Atrato Onsite Energy's annualized ROE % for the quarter that ended in Sep. 2023 was 1.62%. It is also linked to ROA % through Du Pont Formula. Atrato Onsite Energy's annualized ROA % for the quarter that ended in Sep. 2023 was 1.61%.


Atrato Onsite Energy Asset Turnover Historical Data

The historical data trend for Atrato Onsite 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.

* Premium members only.

Atrato Onsite Energy Asset Turnover Chart

Atrato Onsite Energy Annual Data
Trend Sep22 Sep23
Asset Turnover
-0.02 0.05

Atrato Onsite Energy Semi-Annual Data
Mar22 Sep22 Mar23 Sep23
Asset Turnover - -0.01 0.04 0.01

Competitive Comparison of Atrato Onsite Energy's Asset Turnover

For the Asset Management subindustry, Atrato Onsite 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.


Atrato Onsite Energy's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atrato Onsite Energy's Asset Turnover distribution charts can be found below:

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



Atrato Onsite Energy Asset Turnover Calculation

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

Atrato Onsite Energy's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=7.546/( (139.681+138.705)/ 2 )
=7.546/139.193
=0.05

Atrato Onsite Energy's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.775/( (141.069+138.705)/ 2 )
=1.775/139.887
=0.01

* 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.


Atrato Onsite Energy  (LSE:ROOF) Asset Turnover Explanation

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

Atrato Onsite Energy's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=2.254/139.3535
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.254 / 3.55)*(3.55 / 139.887)*(139.887/ 139.3535)
=Net Margin %*Asset Turnover*Equity Multiplier
=63.49 %*0.0254*1.0038
=ROA %*Equity Multiplier
=1.61 %*1.0038
=1.62 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Atrato Onsite Energy's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=2.254/139.887
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.254 / 3.55)*(3.55 / 139.887)
=Net Margin %*Asset Turnover
=63.49 %*0.0254
=1.61 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Atrato Onsite Energy Asset Turnover Related Terms

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


Atrato Onsite Energy (LSE:ROOF) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Atrato Onsite Energy PLC is a new investment company focused on onsite green energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The company focuses on UK commercial rooftop solar, helping its corporate clients achieve net zero and reduce their energy bills.

Atrato Onsite Energy (LSE:ROOF) Headlines