Territorial Generating Co No 1 PJSC (MIC:TGKA) Asset Turnover: 0.09 (As of Sep. 2023)


What is Territorial Generating Co No 1 PJSC Asset Turnover?

Territorial Generating Co No 1 PJSC MIC:TGKA +6.86% Asset Turnover is 0.09 as of Sep. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Territorial Generating Co No 1 PJSC's Revenue for the three months ended in Sep. 2023 was ₽17,435 Mil. Territorial Generating Co No 1 PJSC's Total Assets for the quarter that ended in Sep. 2023 was ₽202,263 Mil. Therefore, Territorial Generating Co No 1 PJSC's Asset Turnover for the quarter that ended in Sep. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Territorial Generating Co No 1 PJSC's annualized ROE % for the quarter that ended in Sep. 2023 was -2.24%. It is also linked to ROA % through Du Pont Formula. Territorial Generating Co No 1 PJSC's annualized ROA % for the quarter that ended in Sep. 2023 was -1.59%.

Territorial Generating Co No 1 PJSC  (MIC:TGKA) Asset Turnover Explanation

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

Territorial Generating Co No 1 PJSC's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-3208/143240
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3208 / 69740)*(69740 / 202262.5)*(202262.5/ 143240)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.6 %*0.3448*1.4121
=ROA %*Equity Multiplier
=-1.59 %*1.4121
=-2.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (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:

Territorial Generating Co No 1 PJSC's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-3208/202262.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3208 / 69740)*(69740 / 202262.5)
=Net Margin %*Asset Turnover
=-4.6 %*0.3448
=-1.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (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.

Territorial Generating Co No 1 PJSC Asset Turnover Related Terms

Territorial Generating Co No 1 PJSC Asset Turnover Historical Data

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The historical data trend for Territorial Generating Co No 1 PJSC'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.

Territorial Generating Co No 1 PJSC Asset Turnover Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.56 0.56 0.48 0.53

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 0.19 0.11 0.00 0.10 0.09

MIC:TGKA vs NEE, SO, DUK: Asset Turnover Comparison

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 PJSC'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.

Territorial Generating Co No 1 PJSC Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Asset Turnover falls into.


Territorial Generating Co No 1 PJSC Asset Turnover Calculation

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

Territorial Generating Co No 1 PJSC's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=102280/( (190787+194813)/ 2 )
=102280/192800
=0.53

Territorial Generating Co No 1 PJSC'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: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=17435/( (202132+202393)/ 2 )
=17435/202262.5
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Asset Turnover of 0.09 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Territorial Generating Co No 1 PJSC and its competitors.
Is Territorial Generating Co No 1 PJSC's Asset Turnover too high?
Territorial Generating Co No 1 PJSC's current Asset Turnover is 0.09.
How does Territorial Generating Co No 1 PJSC's Asset Turnover compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Asset Turnover of 0.09 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Territorial Generating Co No 1 PJSC and its competitors. Territorial Generating Co No 1 PJSC's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Asset Turnover of 0.09. The current Asset Turnover is 0.09. 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 Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Asset Turnover is 0.09 as of Sep. 2023. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.