ONTRF (Blackrock Oil) Asset Turnover: 0.00 (As of Jun. 2014)

What is Blackrock Oil Asset Turnover?

Blackrock Oil ONTRF Asset Turnover is 0.00 as of Jun. 2014.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blackrock Oil's Revenue for the six months ended in Jun. 2014 was $0.00 Mil. Blackrock Oil's Total Assets for the quarter that ended in Jun. 2014 was $0.16 Mil. Therefore, Blackrock Oil's Asset Turnover for the quarter that ended in Jun. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Blackrock Oil's annualized ROE % for the quarter that ended in Jun. 2014 was -301.30%. It is also linked to ROA % through Du Pont Formula. Blackrock Oil's annualized ROA % for the quarter that ended in Jun. 2014 was -72.96%.

Blackrock Oil (OTCPK:ONTRF) Asset Turnover Explanation

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

Blackrock Oil's annulized ROE % for the quarter that ended in Jun. 2014 is

	ROE %^**		(Q: Jun. 2014 )
=	Net Income	/	Total Stockholders Equity
=	-0.116	/	0.0385
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.116 / 0)	*	(0 / 0.159)	*	(0.159/ 0.0385)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*	0	*	4.1299
=	ROA %	*	Equity Multiplier
=	-72.96 %	*	4.1299
=	-301.30 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2014) net income data. The Revenue data used here is two times the semi-annual (Jun. 2014) 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:

Blackrock Oil's annulized ROA % for the quarter that ended in Jun. 2014 is

	ROA %		(Q: Jun. 2014 )
=	Net Income	/	Total Assets
=	-0.116	/	0.159
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.116 / 0)	*	(0 / 0.159)
=	Net Margin %	*	Asset Turnover
=	%	*	0
=	-72.96 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2014) net income data. The Revenue data used here is two times the semi-annual (Jun. 2014) 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.

Blackrock Oil Asset Turnover Related Terms

Blackrock Oil Asset Turnover Historical Data

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The historical data trend for Blackrock Oil's Asset Turnover can be seen below:

Blackrock Oil Asset Turnover Chart

Blackrock Oil Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Asset Turnover

0.00

0.46

0.00

Blackrock Oil Semi-Annual Data
	Jun10	Jun11	Jun12	Jun13	Jun14
Asset Turnover	0.00	0.46	0.00	0.00	0.00

ONTRF vs WODI, BMMCF: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Blackrock Oil'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.

Blackrock Oil Asset Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Blackrock Oil's Asset Turnover falls into.

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Blackrock Oil Asset Turnover Calculation

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

Blackrock Oil's Asset Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Jun. 2014 )	/	( (Total Assets (A: Jun. 2013 )	+	Total Assets (A: Jun. 2014 ))	/ count )
=	0	/	( (0.166	+	0.152)	/ 2 )
=	0	/	0.159
=	0.00

Blackrock Oil's Asset Turnover for the quarter that ended in Jun. 2014 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2014 )	/	( (Total Assets (Q: Jun. 2013 )	+	Total Assets (Q: Jun. 2014 ))	/ count )
=	0	/	( (0.166	+	0.152)	/ 2 )
=	0	/	0.159
=	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?

Blackrock Oil (ONTRF) has a Asset Turnover of 0.00 as of Jun. 2014. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blackrock Oil and its competitors.

Is Blackrock Oil's Asset Turnover too high?

Blackrock Oil's current Asset Turnover is 0.00.

How does Blackrock Oil's Asset Turnover compare to WODI and BMMCF?

Blackrock Oil'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 Blackrock Oil and its competitors. Blackrock Oil'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 Blackrock Oil stock overvalued right now?

Blackrock Oil (ONTRF) 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 Blackrock Oil (ONTRF), the current Asset Turnover is 0.00 as of Jun. 2014. 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.

Blackrock Oil Business Description

Industry Energy Oil & Gas

Comparable Companies WODI BOM:538575 XLIS:LIT WAR:ICP BMMCF XCNQ:AYL WAR:ACA XBRU:ALEVA WAR:TXN WAR:BTG WAR:CWA BOM:523712 WAR:MMC WAR:NFP WAR:MBF BOM:530177 BOM:537784 BOM:539403 TSXV:BYM.H BOM:540945

Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9

Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.