PGNE (Primegen Energy) Asset Turnover: 0.00 (As of . 20)

What is Primegen Energy Asset Turnover?

Primegen Energy PGNE -99.00% 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. Primegen Energy's Revenue for the three months ended in . 20 was $ Mil. Primegen Energy's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Primegen Energy's Asset Turnover for the quarter that ended in . 20 was 0.00.

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

Primegen Energy (OTCPK:PGNE) Asset Turnover Explanation

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

Primegen Energy'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:

Primegen Energy'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.

Primegen Energy Asset Turnover Related Terms

Primegen Energy Asset Turnover Historical Data

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

Primegen Energy Asset Turnover Chart

Primegen Energy Annual Data

Trend

Asset Turnover

Primegen Energy Quarterly Data

Asset Turnover

PGNE vs JKXOY, BRZV, CWLXF: Asset Turnover Comparison

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

Primegen Energy Asset Turnover vs Oil & Gas Industry

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

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

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Primegen Energy Asset Turnover Calculation

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

Primegen Energy'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 )
=		/	( (	+	)	/ )
=		/
=

Primegen Energy'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?

Primegen Energy (PGNE) 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 Primegen Energy and its competitors.

Is Primegen Energy's Asset Turnover too high?

Primegen Energy's current Asset Turnover is 0.00.

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

Primegen Energy'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 Primegen Energy and its competitors. Primegen Energy'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 Primegen Energy stock overvalued right now?

Primegen Energy (PGNE) 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 Primegen Energy (PGNE), 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.

Primegen Energy 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 726 Route 202 South, Suite 320-156, Bridgewater, NJ, USA, 08807

Website http://www.primegenenergycorp.com

Primegen Energy Corp is an oil and gas exploration company. It is engaged in exploring and developing unconventional resources.