Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Asset Turnover: 0.54 (As of Dec. 2024)

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XMAD:EIDF Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
65 GF Score
Price €0.44
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What is Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover?

Energia Innovacion Y Desarrollo Fotovoltaico XMAD:EIDF 65 Asset Turnover is 0.54 as of Dec. 2024. GuruFocus rates XMAD:EIDF with a GF Score™ of 65/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Energia Innovacion Y Desarrollo Fotovoltaico's Revenue for the six months ended in Dec. 2024 was €78.0 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's Total Assets for the quarter that ended in Dec. 2024 was €144.7 Mil. Therefore, Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover for the quarter that ended in Dec. 2024 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Energia Innovacion Y Desarrollo Fotovoltaico's annualized ROE % for the quarter that ended in Dec. 2024 was -318.65%. It is also linked to ROA % through Du Pont Formula. Energia Innovacion Y Desarrollo Fotovoltaico's annualized ROA % for the quarter that ended in Dec. 2024 was -54.87%.


Energia Innovacion Y Desarrollo Fotovoltaico  (XMAD:EIDF) Asset Turnover Explanation

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

Energia Innovacion Y Desarrollo Fotovoltaico's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-79.37/24.908
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-79.37 / 156.064)*(156.064 / 144.662)*(144.662/ 24.908)
=Net Margin %*Asset Turnover*Equity Multiplier
=-50.86 %*1.0788*5.8079
=ROA %*Equity Multiplier
=-54.87 %*5.8079
=-318.65 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Energia Innovacion Y Desarrollo Fotovoltaico's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-79.37/144.662
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-79.37 / 156.064)*(156.064 / 144.662)
=Net Margin %*Asset Turnover
=-50.86 %*1.0788
=-54.87 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover Related Terms


Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover Historical Data

* Premium members only.

The historical data trend for Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover Chart

Energia Innovacion Y Desarrollo Fotovoltaico Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 1.11 0.56 1.57 0.98 0.92

Energia Innovacion Y Desarrollo Fotovoltaico Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.43 0.47 0.39 0.54

Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Energia Innovacion Y Desarrollo Fotovoltaico'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.


Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover falls into.


XMAD:EIDF
65GF Score
Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Energia Innovacion Y Desarrollo Fotovoltaico Asset Turnover Calculation

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

Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=138.832/( (161.247+142.207)/ 2 )
=138.832/151.727
=0.92

Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=78.032/( (147.117+142.207)/ 2 )
=78.032/144.662
=0.54

* 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 0.54 mean?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a Asset Turnover of 0.54 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Energia Innovacion Y Desarrollo Fotovoltaico and its competitors.
Is Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover too high?
Energia Innovacion Y Desarrollo Fotovoltaico's current Asset Turnover is 0.54. Overall, Energia Innovacion Y Desarrollo Fotovoltaico has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover compare to competitors?
Energia Innovacion Y Desarrollo Fotovoltaico's Asset Turnover of 0.54 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 Energia Innovacion Y Desarrollo Fotovoltaico and its competitors. Energia Innovacion Y Desarrollo Fotovoltaico's current Asset Turnover is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energia Innovacion Y Desarrollo Fotovoltaico stock overvalued right now?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a current Asset Turnover of 0.54. The current Asset Turnover is 0.54. Energia Innovacion Y Desarrollo Fotovoltaico's overall GF Score™ is 65/100. 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 Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF), the current Asset Turnover is 0.54 as of Dec. 2024. 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.

Energia Innovacion Y Desarrollo Fotovoltaico Business Description

Address Poligono Industrial Outeda - Curro, No.3, Mud, Pontevedra, ESP, 36692
Energia Innovacion Y Desarrollo Fotovoltaico SA is a company specialized in photovoltaic solar energy projects. It offers engineering services, energy consulting, and installation of low and medium voltage. It is engaged in self-consumption photovoltaic installations for companies. Some of its projects are Generation park-Pulpi I, Fricosa, Barcia pipes, Peregrin One Garlic among others. The company currently has two Operating Segments: Generation and self-consumption, and Marketing.
65GF 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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