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SENR (Strategic Environmental & Energy Resources) Asset Turnover : 0.80 (As of Sep. 2024)


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What is Strategic Environmental & Energy Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Strategic Environmental & Energy Resources's Revenue for the three months ended in Sep. 2024 was $0.89 Mil. Strategic Environmental & Energy Resources's Total Assets for the quarter that ended in Sep. 2024 was $1.11 Mil. Therefore, Strategic Environmental & Energy Resources's Asset Turnover for the quarter that ended in Sep. 2024 was 0.80.

Asset Turnover is linked to ROE % through Du Pont Formula. Strategic Environmental & Energy Resources's annualized ROE % for the quarter that ended in Sep. 2024 was 14.64%. It is also linked to ROA % through Du Pont Formula. Strategic Environmental & Energy Resources's annualized ROA % for the quarter that ended in Sep. 2024 was -165.46%.


Strategic Environmental & Energy Resources Asset Turnover Historical Data

The historical data trend for Strategic Environmental & Energy Resources'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.

* Premium members only.

Strategic Environmental & Energy Resources Asset Turnover Chart

Strategic Environmental & Energy Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.04 1.56 2.07 2.33

Strategic Environmental & Energy Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.72 0.77 1.07 0.75 0.80

Competitive Comparison of Strategic Environmental & Energy Resources's Asset Turnover

For the Waste Management subindustry, Strategic Environmental & Energy Resources'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.


Strategic Environmental & Energy Resources's Asset Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Strategic Environmental & Energy Resources's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Strategic Environmental & Energy Resources's Asset Turnover falls into.



Strategic Environmental & Energy Resources Asset Turnover Calculation

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

Strategic Environmental & Energy Resources's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2.9/( (1.644+0.851)/ 2 )
=2.9/1.2475
=2.32

Strategic Environmental & Energy Resources's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.889/( (1.047+1.182)/ 2 )
=0.889/1.1145
=0.80

* 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.


Strategic Environmental & Energy Resources  (OTCPK:SENR) Asset Turnover Explanation

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

Strategic Environmental & Energy Resources's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-1.844/-12.5965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.844 / 3.556)*(3.556 / 1.1145)*(1.1145/ -12.5965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-51.86 %*3.1907*-0.0885
=ROA %*Equity Multiplier
=-165.46 %*-0.0885
=14.64 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Strategic Environmental & Energy Resources's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-1.844/1.1145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.844 / 3.556)*(3.556 / 1.1145)
=Net Margin %*Asset Turnover
=-51.86 %*3.1907
=-165.46 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Strategic Environmental & Energy Resources Asset Turnover Related Terms

Thank you for viewing the detailed overview of Strategic Environmental & Energy Resources's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Strategic Environmental & Energy Resources Business Description

Traded in Other Exchanges
N/A
Address
370 Interlocken Boulevard, Suite 680, Broomfield, CO, USA, 80021
Strategic Environmental & Energy Resources Inc provides environmental, renewable fuels and industrial waste stream management services to oil producers and refiners, railcar operators, industrial and manufacturing companies, medical facilities, government agencies, universities, and environmental consulting firms. The company operates in two business segments namely Environmental Solutions and Solid Waste. It generates maximum revenue from the Environmental Solutions segment.
Executives
Fortunato Villamagna officer: President, PWS* 10805 BERNINE DR., LAS VEGAS NV 89141
Michael John Cardillo officer: President- REGS, LLC 7801 BTIGHTON ROAD, COMMERCE CITY CO 80022
Michael Jeffrey Readey officer: Executive VP 751 PINE RIDGE ROAD, GOLDEN CO 80403
Monty R Lamirato officer: Acting Chief Financial Officer
Combs Joseph John Iii director, officer: CEO 7801 BRIGHTON ROAD, COMMERCE CITY CO 80022
John Paul Jenkin director, officer: Executive VP 7801 BRIGHTON ROAD, COMMERCE CITY CO 80022

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