Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Yuma Energy's Revenue for the
three
months ended in Sep. 2019 was $1.51 Mil. Yuma Energy's Total Assets for the quarter that ended in Sep. 2019 was $62.75 Mil. Therefore, Yuma Energy's Asset Turnover for the quarter that ended in Sep. 2019 was 0.02.
Asset Turnover is linked to ROE % through Du Pont Formula. Yuma Energy's annualizedROE % for the quarter that ended in Sep. 2019 was -43.22%. It is also linked to ROA % through Du Pont Formula. Yuma Energy's annualizedROA % for the quarter that ended in Sep. 2019 was -12.64%.
Yuma Energy (OTCPK:YUMAQ) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Yuma Energy's annulizedROE % for the quarter that ended in Sep. 2019 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:
Yuma Energy's annulizedROA % for the quarter that ended in Sep. 2019 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.
Yuma Energy Asset Turnover Related Terms
Yuma Energy Asset Turnover Historical Data
* Premium members only.
The historical data trend for Yuma Energy'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.
YUMAQ vs DBRM, EXNT, IFNY: Asset Turnover Comparison
For the Oil & Gas E&P subindustry, Yuma Energy'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.
Yuma Energy Asset Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yuma Energy's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Yuma Energy's Asset Turnover falls into.
* 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.
Yuma Energy (YUMAQ) has a Asset Turnover of 0.02 as of Sep. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Yuma Energy and its competitors.
Is Yuma Energy's Asset Turnover too high?
Yuma Energy's current Asset Turnover is 0.02. Overall, Yuma Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Yuma Energy's Asset Turnover compare to DBRM and EXNT?
Yuma Energy's Asset Turnover of 0.02 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 Yuma Energy and its competitors. Yuma Energy's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuma Energy stock overvalued right now?
Yuma Energy (YUMAQ) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. Yuma Energy's overall GF Score™ is 12/100. 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 Yuma Energy (YUMAQ), the current Asset Turnover is 0.02 as of Sep. 2019. 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.
Yuma Energy Inc is active in the oil and gas domain. It is an oil and gas company focused on the acquisition, development, and exploration of conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. It also holds operated and non-operated properties in southeast Texas containing both conventional and unconventional properties located in Jefferson and Madison counties.
12GF Score
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