SPRN (Supernova Energy) Asset Turnover: 0.00 (As of Sep. 2015)

What is Supernova Energy Asset Turnover?

Supernova Energy SPRN Asset Turnover is 0.00 as of Sep. 2015.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Supernova Energy's Revenue for the three months ended in Sep. 2015 was $0.00 Mil. Supernova Energy's Total Assets for the quarter that ended in Sep. 2015 was $0.36 Mil. Therefore, Supernova Energy's Asset Turnover for the quarter that ended in Sep. 2015 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Supernova Energy's annualized ROE % for the quarter that ended in Sep. 2015 was 331.59%. It is also linked to ROA % through Du Pont Formula. Supernova Energy's annualized ROA % for the quarter that ended in Sep. 2015 was -478.66%.

Supernova Energy (OTCPK:SPRN) Asset Turnover Explanation

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

Supernova Energy's annulized ROE % for the quarter that ended in Sep. 2015 is

	ROE %^**		(Q: Sep. 2015 )
=	Net Income	/	Total Stockholders Equity
=	-1.716	/	-0.5175
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-1.716 / 0.004)	*	(0.004 / 0.3585)	*	(0.3585/ -0.5175)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-42900 %	*	0.0112	*	-0.6928
=	ROA %	*	Equity Multiplier
=	-478.66 %	*	-0.6928
=	331.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Supernova Energy's annulized ROA % for the quarter that ended in Sep. 2015 is

	ROA %		(Q: Sep. 2015 )
=	Net Income	/	Total Assets
=	-1.716	/	0.3585
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-1.716 / 0.004)	*	(0.004 / 0.3585)
=	Net Margin %	*	Asset Turnover
=	-42900 %	*	0.0112
=	-478.66 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.

Supernova Energy Asset Turnover Related Terms

Supernova Energy Asset Turnover Historical Data

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

Supernova Energy Asset Turnover Chart

Supernova Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Asset Turnover

0.00

0.07

0.41

0.27

0.31

Supernova Energy Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Asset Turnover	Get a 7-Day Free Trial															0.11	-0.01	0.00	0.00	0.00

SPRN vs HDYNQ, OOIL, EUENF: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Supernova 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.

Supernova Energy Asset Turnover vs Oil & Gas Industry

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

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

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Supernova Energy Asset Turnover Calculation

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

Supernova Energy's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2014 )	/	( (Total Assets (A: Dec. 2013 )	+	Total Assets (A: Dec. 2014 ))	/ count )
=	0.188	/	( (0.726	+	0.474)	/ 2 )
=	0.188	/	0.6
=	0.31

Supernova Energy's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2015 )	/	( (Total Assets (Q: Jun. 2015 )	+	Total Assets (Q: Sep. 2015 ))	/ count )
=	0.001	/	( (0.563	+	0.154)	/ 2 )
=	0.001	/	0.3585
=	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?

Supernova Energy (SPRN) has a Asset Turnover of 0.00 as of Sep. 2015. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Supernova Energy and its competitors.

Is Supernova Energy's Asset Turnover too high?

Supernova Energy's current Asset Turnover is 0.00.

How does Supernova Energy's Asset Turnover compare to HDYNQ and OOIL?

Supernova 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 Supernova Energy and its competitors. Supernova 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 Supernova Energy stock overvalued right now?

Supernova Energy (SPRN) 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 Supernova Energy (SPRN), the current Asset Turnover is 0.00 as of Sep. 2015. 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.

Supernova Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:DXA TSXV:TPC HDYNQ TSXV:SLK OOIL TSXV:PMX XCNQ:EI EUENF TSXV:LNE.H TSXV:TAE.H TSXV:CQV.H IFNY TSXV:SC.H TSXV:BSP.H TSXV:SFT TSXV:AVN TSXV:DVC.H TSXV:KR.H TSXV:BSH TSXV:GSA

Address 265 Sunrise Highway, Suite 1-276, Rockville Centre, NY, USA, 11570

Website https://www.snenergyinc.com

Supernova Energy Inc is a United States-based oil and gas exploration and production company. The company provides wellbore completion and re-completion services for small, independent operators with existing oil and gas production. Its consulting services include completion, recompletion, workover, well engineering services, project management, and turnkey solutions.