Alpha Namibia Industries Renewable Power (NAM:ANE) Asset Turnover: 0.00 (As of . 20)

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NAM:ANE Alpha Namibia Industries Renewable Power Ltd NAM:ANE
18 GF Score
Price N$8.80
! 1 Warning Sign
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What is Alpha Namibia Industries Renewable Power Asset Turnover?

Alpha Namibia Industries Renewable Power NAM:ANE 18 Asset Turnover is 0.00 as of . 20. GuruFocus rates NAM:ANE with a GF Score™ of 18/100. The stock has 1 warning sign 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. Alpha Namibia Industries Renewable Power's Revenue for the six months ended in . 20 was N$ Mil. Alpha Namibia Industries Renewable Power's Total Assets for the quarter that ended in . 20 was N$ Mil. Therefore, Alpha Namibia Industries Renewable Power's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Alpha Namibia Industries Renewable Power's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Alpha Namibia Industries Renewable Power's annualized ROA % for the quarter that ended in . 20 was %.


Alpha Namibia Industries Renewable Power  (NAM:ANE) Asset Turnover Explanation

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

Alpha Namibia Industries Renewable Power'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 two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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:

Alpha Namibia Industries Renewable Power's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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.


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.


Alpha Namibia Industries Renewable Power Asset Turnover Related Terms


Alpha Namibia Industries Renewable Power Asset Turnover Historical Data

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The historical data trend for Alpha Namibia Industries Renewable Power'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.

Alpha Namibia Industries Renewable Power Asset Turnover Chart

Alpha Namibia Industries Renewable Power Annual Data
Trend
Asset Turnover

Alpha Namibia Industries Renewable Power Semi-Annual Data
Asset Turnover

NAM:ANE vs : Asset Turnover Comparison

For the Utilities - Renewable subindustry, Alpha Namibia Industries Renewable Power'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.


Alpha Namibia Industries Renewable Power Asset Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alpha Namibia Industries Renewable Power's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alpha Namibia Industries Renewable Power's Asset Turnover falls into.


NAM:ANE
18GF Score
Alpha Namibia Industries Renewable Power Ltd NAM:ANE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Namibia Industries Renewable Power Asset Turnover Calculation

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

Alpha Namibia Industries Renewable Power'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 )
=/( (+)/ )
=/
=

Alpha Namibia Industries Renewable Power'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 )
=/( (+)/ )
=/
=

* 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 0.00 mean?
Alpha Namibia Industries Renewable Power (NAM:ANE) 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 Alpha Namibia Industries Renewable Power and its competitors.
Is Alpha Namibia Industries Renewable Power's Asset Turnover too high?
Alpha Namibia Industries Renewable Power's current Asset Turnover is 0.00. Overall, Alpha Namibia Industries Renewable Power has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Namibia Industries Renewable Power's Asset Turnover compare to ?
Alpha Namibia Industries Renewable Power's Asset Turnover of 0.00 can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Asset Turnover depends on the Utilities - Independent Power Producers 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 Alpha Namibia Industries Renewable Power and its competitors. Alpha Namibia Industries Renewable Power'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 Alpha Namibia Industries Renewable Power stock overvalued right now?
Alpha Namibia Industries Renewable Power (NAM:ANE) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Alpha Namibia Industries Renewable Power's overall GF Score™ is 18/100 with 1 warning sign to review. 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 Alpha Namibia Industries Renewable Power (NAM:ANE), 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.

Alpha Namibia Industries Renewable Power Business Description

Comparable Companies
Address 47, Nelson Mandela Avenue, Klein Windhoek, Windhoek, NAM
Alpha Namibia Industries Renewable Power Ltd is an investment entity incorporated in Namibia with interests in the renewable energy industry. The company focuses on operating, developing, building, acquiring, and sustainably investing in utility-scale renewable energy to supply (and trade) bulk renewable energy in Namibia and the Southern African Power Pool (SAPP). One of the key projects in its portfolio is the Luderitz Wind Power Project, a 50 megawatt onshore wind farm south of Luderitz, Namibia. The group generates maximum revenue from the IPP Sale of Electricity, followed by Operations and Maintenance, and Engineering, Procurement, and Construction (EPC) of renewable energy plants.
18GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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