Pulse Oil (TSXV:PUL) Asset Turnover: 0.03 (As of Dec. 2025)

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What is Pulse Oil Asset Turnover?

Pulse Oil TSXV:PUL -33.33% Asset Turnover is 0.03 as of Dec. 2025. The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pulse Oil's Revenue for the three months ended in Dec. 2025 was C$0.93 Mil. Pulse Oil's Total Assets for the quarter that ended in Dec. 2025 was C$30.62 Mil. Therefore, Pulse Oil's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Pulse Oil's annualized ROE % for the quarter that ended in Dec. 2025 was -31.07%. It is also linked to ROA % through Du Pont Formula. Pulse Oil's annualized ROA % for the quarter that ended in Dec. 2025 was -23.54%.


Pulse Oil  (TSXV:PUL) Asset Turnover Explanation

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

Pulse Oil's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-7.208/23.1975
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.208 / 3.728)*(3.728 / 30.621)*(30.621/ 23.1975)
=Net Margin %*Asset Turnover*Equity Multiplier
=-193.35 %*0.1217*1.32
=ROA %*Equity Multiplier
=-23.54 %*1.32
=-31.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

Pulse Oil's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-7.208/30.621
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.208 / 3.728)*(3.728 / 30.621)
=Net Margin %*Asset Turnover
=-193.35 %*0.1217
=-23.54 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Pulse Oil Asset Turnover Related Terms


Pulse Oil Asset Turnover Historical Data

* Premium members only.

The historical data trend for Pulse Oil'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.

Pulse Oil Asset Turnover Chart

Pulse Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.23 0.14 0.19 0.13

Pulse Oil Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.05 0.03 0.03 0.03 0.03

TSXV:PUL vs COP, EOG, FANG: Asset Turnover Comparison

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


Pulse Oil Asset Turnover vs Oil & Gas Industry

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

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



Pulse Oil Asset Turnover Calculation

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

Pulse Oil's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=3.76/( (29.559+30.274)/ 2 )
=3.76/29.9165
=0.13

Pulse Oil's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=0.932/( (30.968+30.274)/ 2 )
=0.932/30.621
=0.03

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.03 mean?
Pulse Oil (TSXV:PUL) has a Asset Turnover of 0.03 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pulse Oil and its competitors.
Is Pulse Oil's Asset Turnover too high?
Pulse Oil's current Asset Turnover is 0.03.
How does Pulse Oil's Asset Turnover compare to COP and EOG?
Pulse Oil's Asset Turnover of 0.03 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 Pulse Oil and its competitors. Pulse Oil's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulse Oil stock overvalued right now?
Based on GuruFocus' analysis, Pulse Oil (TSXV:PUL) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.02, compared to a current price of C$0.01 — trading 50% below its estimated fair value. The current Asset Turnover is 0.03. 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 Pulse Oil (TSXV:PUL), the current Asset Turnover is 0.03 as of Dec. 2025. 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.

Pulse Oil Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Pulse Oil Corp is a Canadian oil and gas company engaged in oil and gas exploration and production in Canada. It has two primary reporting segments located in the Bigoray area of Alberta and the Queenstown area of southern Alberta. The company holds various acres of land in the Bigoray area of Alberta and the Queenstown area of southern Alberta, managing its oil and gas assets, including proved, probable, producing, and non-producing reserves. It focuses on enhanced oil recovery (EOR) in its Nisku D and E Pools, aiming to improve production efficiency through miscible flood schemes. The company produces all of its crude oil and natural gas through conventional methods of production. All production is transported via pipeline or trucking to nearby purchasers of all products.