Blue Shark Power System (XPAR:MLBSP) Asset Turnover: 0.15 (As of Dec. 2017)


What is Blue Shark Power System Asset Turnover?

Blue Shark Power System XPAR:MLBSP Asset Turnover is 0.15 as of Dec. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Shark Power System's Revenue for the six months ended in Dec. 2017 was €0.13 Mil. Blue Shark Power System's Total Assets for the quarter that ended in Dec. 2017 was €0.86 Mil. Therefore, Blue Shark Power System's Asset Turnover for the quarter that ended in Dec. 2017 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Shark Power System's annualized ROE % for the quarter that ended in Dec. 2017 was 8.90%. It is also linked to ROA % through Du Pont Formula. Blue Shark Power System's annualized ROA % for the quarter that ended in Dec. 2017 was 8.33%.

Blue Shark Power System  (XPAR:MLBSP) Asset Turnover Explanation

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

Blue Shark Power System's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=0.072/0.809
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.072 / 0.26)*(0.26 / 0.8645)*(0.8645/ 0.809)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.69 %*0.3008*1.0686
=ROA %*Equity Multiplier
=8.33 %*1.0686
=8.90 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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:

Blue Shark Power System's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=0.072/0.8645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.072 / 0.26)*(0.26 / 0.8645)
=Net Margin %*Asset Turnover
=27.69 %*0.3008
=8.33 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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.

Blue Shark Power System Asset Turnover Related Terms

Blue Shark Power System Asset Turnover Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Asset Turnover Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Asset Turnover
0.00 0.00 0.15

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Asset Turnover 0.00 0.00 0.15

XPAR:MLBSP vs : Asset Turnover Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.

Blue Shark Power System Asset Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's Asset Turnover falls into.


Blue Shark Power System Asset Turnover Calculation

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

Blue Shark Power System's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=0.13/( (0.838+0.891)/ 2 )
=0.13/0.8645
=0.15

Blue Shark Power System's Asset Turnover for the quarter that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Dec. 2017 ))/ count )
=0.13/( (0.838+0.891)/ 2 )
=0.13/0.8645
=0.15

* 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 0.15 mean?
Blue Shark Power System (XPAR:MLBSP) has a Asset Turnover of 0.15 as of Dec. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Asset Turnover too high?
Blue Shark Power System's current Asset Turnover is 0.15.
How does Blue Shark Power System's Asset Turnover compare to ?
Blue Shark Power System's Asset Turnover of 0.15 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 Blue Shark Power System and its competitors. Blue Shark Power System's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Asset Turnover of 0.15. The current Asset Turnover is 0.15. 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 Blue Shark Power System (XPAR:MLBSP), the current Asset Turnover is 0.15 as of Dec. 2017. 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.

Blue Shark Power System Business Description

Comparable Companies
Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.