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Cadogan Energy Solutions (STU:CPD) Asset Turnover : 0.14 (As of Dec. 2023)


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What is Cadogan Energy Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cadogan Energy Solutions's Revenue for the six months ended in Dec. 2023 was €4.71 Mil. Cadogan Energy Solutions's Total Assets for the quarter that ended in Dec. 2023 was €35.00 Mil. Therefore, Cadogan Energy Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Cadogan Energy Solutions's annualized ROE % for the quarter that ended in Dec. 2023 was 7.94%. It is also linked to ROA % through Du Pont Formula. Cadogan Energy Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was 7.50%.


Cadogan Energy Solutions Asset Turnover Historical Data

The historical data trend for Cadogan Energy Solutions'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.

Cadogan Energy Solutions Asset Turnover Chart

Cadogan Energy Solutions 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 0.12 0.10 0.21 0.22 0.20

Cadogan Energy Solutions Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.10 0.12 0.10 0.06 0.14

Competitive Comparison of Cadogan Energy Solutions's Asset Turnover

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


Cadogan Energy Solutions's Asset Turnover Distribution in the Oil & Gas Industry

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

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



Cadogan Energy Solutions Asset Turnover Calculation

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

Cadogan Energy Solutions'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 )
=6.923/( (35.336+35.109)/ 2 )
=6.923/35.2225
=0.20

Cadogan Energy Solutions's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4.71/( (34.886+35.109)/ 2 )
=4.71/34.9975
=0.13

* 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.


Cadogan Energy Solutions  (STU:CPD) Asset Turnover Explanation

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

Cadogan Energy Solutions's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2.624/33.032
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.624 / 9.42)*(9.42 / 34.9975)*(34.9975/ 33.032)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.86 %*0.2692*1.0595
=ROA %*Equity Multiplier
=7.50 %*1.0595
=7.94 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Cadogan Energy Solutions's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2.624/34.9975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.624 / 9.42)*(9.42 / 34.9975)
=Net Margin %*Asset Turnover
=27.86 %*0.2692
=7.50 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Cadogan Energy Solutions Asset Turnover Related Terms

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Cadogan Energy Solutions (STU:CPD) Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Cadogan Energy Solutions PLC is an independent energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The objective of the company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact. It has two operating segments; the Exploration and Production segment includes E&P activities on the exploration and production licenses for natural gas, oil, and condensate, and the Trading segment includes the Import of natural gas from European countries and Local purchase and sales of natural gas operations with physical delivery of natural gas.

Cadogan Energy Solutions (STU:CPD) Headlines

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