Asset Turnover is linked to ROE % through Du Pont Formula. Wisconsin Electric Power Co's annualizedROE % for the quarter that ended in Sep. 2024 was 12.96%. It is also linked to ROA % through Du Pont Formula. Wisconsin Electric Power Co's annualizedROA % for the quarter that ended in Sep. 2024 was 4.10%.
Wisconsin Electric Power Co Asset Turnover Historical 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.
Competitive Comparison of Wisconsin Electric Power Co's Asset Turnover
For the Utilities - Regulated Electric subindustry, Wisconsin Electric Power Co'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.
Wisconsin Electric Power Co's Asset Turnover Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Wisconsin Electric Power Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Wisconsin Electric Power Co's Asset Turnover falls into.
Wisconsin Electric Power Co Asset Turnover Calculation
Asset Turnover measures how quickly a company turns over its asset through sales.
* 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.
Wisconsin Electric Power Co (OTCPK:WELPM.PFD) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Wisconsin Electric Power Co's annulizedROE % for the quarter that ended in Sep. 2024 is
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:
Wisconsin Electric Power Co's annulizedROA % for the quarter that ended in Sep. 2024 is
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.
Wisconsin Electric Power Co Asset Turnover Related Terms
Thank you for viewing the detailed overview of Wisconsin Electric Power Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WELPM.PFD has been successfully added to your 