Cox Energy AmericaB de CV (XMAD:COXE) Asset Turnover: 0.13 (As of Mar. 2026)

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XMAD:COXE Cox Energy America SAB de CV XMAD:COXE
30 GF Score
Price €1.73
! 9 Warning Signs
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What is Cox Energy AmericaB de CV Asset Turnover?

Cox Energy AmericaB de CV XMAD:COXE -1.14% 30 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates XMAD:COXE with a GF Score™ of 30/100. The stock has 9 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. Cox Energy AmericaB de CV's Revenue for the three months ended in Mar. 2026 was €90.3 Mil. Cox Energy AmericaB de CV's Total Assets for the quarter that ended in Mar. 2026 was €719.0 Mil. Therefore, Cox Energy AmericaB de CV's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Cox Energy AmericaB de CV's annualized ROE % for the quarter that ended in Mar. 2026 was -48.15%. It is also linked to ROA % through Du Pont Formula. Cox Energy AmericaB de CV's annualized ROA % for the quarter that ended in Mar. 2026 was -5.48%.


Cox Energy AmericaB de CV  (XMAD:COXE) Asset Turnover Explanation

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

Cox Energy AmericaB de CV's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-39.372/81.771
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.372 / 361.164)*(361.164 / 718.9515)*(718.9515/ 81.771)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.9 %*0.5023*8.7923
=ROA %*Equity Multiplier
=-5.48 %*8.7923
=-48.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Cox Energy AmericaB de CV's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-39.372/718.9515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-39.372 / 361.164)*(361.164 / 718.9515)
=Net Margin %*Asset Turnover
=-10.9 %*0.5023
=-5.48 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Cox Energy AmericaB de CV Asset Turnover Related Terms


Cox Energy AmericaB de CV Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cox Energy AmericaB de CV'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.

Cox Energy AmericaB de CV Asset Turnover Chart

Cox Energy AmericaB de CV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.01 0.28 0.25 0.44 0.77

Cox Energy AmericaB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.18 0.18 0.19 0.21 0.13

Cox Energy AmericaB de CV Asset Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Cox Energy AmericaB de CV'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.


Cox Energy AmericaB de CV Asset Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cox Energy AmericaB de CV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cox Energy AmericaB de CV's Asset Turnover falls into.


XMAD:COXE
30GF Score
Cox Energy America SAB de CV XMAD:COXE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cox Energy AmericaB de CV Asset Turnover Calculation

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

Cox Energy AmericaB de CV'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 )
=510.648/( (610.552+711.182)/ 2 )
=510.648/660.867
=0.77

Cox Energy AmericaB de CV's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=90.291/( (711.182+726.721)/ 2 )
=90.291/718.9515
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.13 mean?
Cox Energy AmericaB de CV (XMAD:COXE) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cox Energy AmericaB de CV and its competitors.
Is Cox Energy AmericaB de CV's Asset Turnover too high?
Cox Energy AmericaB de CV's current Asset Turnover is 0.13. Overall, Cox Energy AmericaB de CV has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Cox Energy AmericaB de CV's Asset Turnover compare to competitors?
Cox Energy AmericaB de CV's Asset Turnover of 0.13 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Asset Turnover depends on the Utilities - Independent Power Producers 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 Cox Energy AmericaB de CV and its competitors. Cox Energy AmericaB de CV's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Energy AmericaB de CV stock overvalued right now?
Cox Energy AmericaB de CV (XMAD:COXE) has a current Asset Turnover of 0.13. The current Asset Turnover is 0.13. Cox Energy AmericaB de CV's overall GF Score™ is 30/100 with 9 warning signs to review. 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 Cox Energy AmericaB de CV (XMAD:COXE), the current Asset Turnover is 0.13 as of Mar. 2026. 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.

Cox Energy AmericaB de CV Business Description

Address Montes Urales 415, Lomas de Chapultepec II Section, Alc. Miguel Hidalgo, Mexico, MEX, 11000
Cox Energy America SAB de CV is a solar photovoltaic renewable energy generation company that develops, promotes and operates photovoltaic plants in the main countries of Latin America and Europe, with presence in Mexico, Chile, Colombia, Guatemala, Central America and Spain. It has a unique portfolio of projects in different stages of development and identified opportunities to carry out its activity within a sustainable development framework. Cox Energy also operates throughout the value chain, with a presence in the business of self-consumption and/or distributed generation and commercialization of energy in Latin America and Europe.
30GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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