MKGP (Maverick Energy Group) Asset Turnover: 0.00 (As of . 20)

What is Maverick Energy Group Asset Turnover?

Maverick Energy Group MKGP Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Maverick Energy Group's Revenue for the three months ended in . 20 was $ Mil. Maverick Energy Group's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Maverick Energy Group's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Maverick Energy Group's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Maverick Energy Group's annualized ROA % for the quarter that ended in . 20 was %.

Maverick Energy Group (OTCPK:MKGP) Asset Turnover Explanation

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

Maverick Energy Group's annulized ROE % for the quarter that ended in . 20 is

	ROE %^**		(Q: . 20 )
=	Net Income	/	Total Stockholders Equity
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	( / )	*	( / )	*	(/ )
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*		*
=	ROA %	*	Equity Multiplier
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Maverick Energy Group's annulized ROA % for the quarter that ended in . 20 is

	ROA %		(Q: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.

Maverick Energy Group Asset Turnover Related Terms

Maverick Energy Group Asset Turnover Historical Data

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The historical data trend for Maverick Energy Group's Asset Turnover can be seen below:

Maverick Energy Group Asset Turnover Chart

Maverick Energy Group Annual Data

Trend

Asset Turnover

Maverick Energy Group Quarterly Data

Asset Turnover

MKGP vs JKXOY, BRZV, CWLXF: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Maverick Energy Group'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.

Maverick Energy Group Asset Turnover vs Oil & Gas Industry

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

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

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Maverick Energy Group Asset Turnover Calculation

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

Maverick Energy Group's Asset Turnover for the fiscal year that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: . 20 )	/	( (Total Assets (A: . 20 )	+	Total Assets (A: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

Maverick Energy Group's Asset Turnover for the quarter that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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?

Maverick Energy Group (MKGP) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Maverick Energy Group and its competitors.

Is Maverick Energy Group's Asset Turnover too high?

Maverick Energy Group's current Asset Turnover is 0.00.

How does Maverick Energy Group's Asset Turnover compare to JKXOY and BRZV?

Maverick Energy Group'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 Maverick Energy Group and its competitors. Maverick Energy Group'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 Maverick Energy Group stock overvalued right now?

Maverick Energy Group (MKGP) 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 Maverick Energy Group (MKGP), the current Asset Turnover is 0.00 as of . 20. 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.

Maverick Energy Group Business Description

Industry Energy Oil & Gas

Comparable Companies JKXOY BRZV CWLXF UNIGF AKVA BYIN IFNY GDPMQ GPIPF EMPR HEXPF DRKOF UERLF PTRDF ARSLF DBRM ALTX EXNT CNENF EMBYF

Address 12850 Highway 9 North, Suite 600-462, Alpharetta, GA, USA, 30004

Website http://maverickeg.com

Maverick Energy Group Ltd acquires, develops, operates, and manages oil and gas assets on the North American continent. The company operates its four wells in Doddridge and Harrison County, West Virginia as well as small producing wells in Caldwell and Frio County, Texas.