Sirius Petroleum (LSE:SRSP) Asset Turnover: 0.00 (As of Jun. 2018)

What is Sirius Petroleum Asset Turnover?

Sirius Petroleum LSE:SRSP Asset Turnover is 0.00 as of Jun. 2018. The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sirius Petroleum's Revenue for the six months ended in Jun. 2018 was £0.00 Mil. Sirius Petroleum's Total Assets for the quarter that ended in Jun. 2018 was £15.03 Mil. Therefore, Sirius Petroleum's Asset Turnover for the quarter that ended in Jun. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Sirius Petroleum's annualized ROE % for the quarter that ended in Jun. 2018 was -53.88%. It is also linked to ROA % through Du Pont Formula. Sirius Petroleum's annualized ROA % for the quarter that ended in Jun. 2018 was -30.06%.

Sirius Petroleum (LSE:SRSP) Asset Turnover Explanation

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

Sirius Petroleum's annulized ROE % for the quarter that ended in Jun. 2018 is

	ROE %^**		(Q: Jun. 2018 )
=	Net Income	/	Total Stockholders Equity
=	-4.518	/	8.386
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-4.518 / 0)	*	(0 / 15.028)	*	(15.028/ 8.386)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*	0	*	1.792
=	ROA %	*	Equity Multiplier
=	-30.06 %	*	1.792
=	-53.88 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) net income data. The Revenue data used here is two times the semi-annual (Jun. 2018) 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:

Sirius Petroleum's annulized ROA % for the quarter that ended in Jun. 2018 is

	ROA %		(Q: Jun. 2018 )
=	Net Income	/	Total Assets
=	-4.518	/	15.028
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-4.518 / 0)	*	(0 / 15.028)
=	Net Margin %	*	Asset Turnover
=	%	*	0
=	-30.06 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) net income data. The Revenue data used here is two times the semi-annual (Jun. 2018) 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.

Sirius Petroleum Asset Turnover Related Terms

Sirius Petroleum Asset Turnover Historical Data

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The historical data trend for Sirius Petroleum's Asset Turnover can be seen below:

Sirius Petroleum Asset Turnover Chart

Sirius Petroleum Annual Data

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Asset Turnover

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Sirius Petroleum Semi-Annual Data
	Jan08	Jul08	Jan09	Jul09	Jan10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Asset Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

LSE:SRSP vs WHZT, GSPE: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Sirius Petroleum'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.

Sirius Petroleum Asset Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Sirius Petroleum's Asset Turnover falls into.

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Sirius Petroleum Asset Turnover Calculation

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

Sirius Petroleum's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2017 )	/	( (Total Assets (A: Dec. 2016 )	+	Total Assets (A: Dec. 2017 ))	/ count )
=	0	/	( (4.532	+	13.871)	/ 2 )
=	0	/	9.2015
=	0.00

Sirius Petroleum's Asset Turnover for the quarter that ended in Jun. 2018 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2018 )	/	( (Total Assets (Q: Dec. 2017 )	+	Total Assets (Q: Jun. 2018 ))	/ count )
=	0	/	( (13.871	+	16.185)	/ 2 )
=	0	/	15.028
=	0.00

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 0.00 mean?

Sirius Petroleum (LSE:SRSP) has a Asset Turnover of 0.00 as of Jun. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sirius Petroleum and its competitors.

Is Sirius Petroleum's Asset Turnover too high?

Sirius Petroleum's current Asset Turnover is 0.00.

How does Sirius Petroleum's Asset Turnover compare to WHZT and GSPE?

Sirius Petroleum's Asset Turnover of 0.00 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 Sirius Petroleum and its competitors. Sirius Petroleum's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sirius Petroleum stock overvalued right now?

Sirius Petroleum (LSE:SRSP) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Sirius Petroleum (LSE:SRSP), the current Asset Turnover is 0.00 as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:CAB PHS:OV TSX:PRQ WHZT TSXV:ROE TSX:PPR PHS:OPM WAR:SEN TSXV:AFE LSE:CERP OSL:PEN TSXV:SOG LSE:AST TSXV:POE ASX:STX TSX:CDH LSE:CORO GSPE ASX:CUE TSXV:PQE

Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL

Website http://www.siriuspetroleum.com

Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.