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ZaZa Energy (ZaZa Energy) Asset Turnover

: 0.02 (As of Jun. 2015)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ZaZa Energy's Revenue for the three months ended in Jun. 2015 was $1.07 Mil. ZaZa Energy's Total Assets for the quarter that ended in Jun. 2015 was $51.96 Mil. Therefore, ZaZa Energy's Asset Turnover for the quarter that ended in Jun. 2015 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. ZaZa Energy's annualized ROE % for the quarter that ended in Jun. 2015 was 48.37%. It is also linked to ROA % through Du Pont Formula. ZaZa Energy's annualized ROA % for the quarter that ended in Jun. 2015 was -64.63%.


ZaZa Energy Asset Turnover Historical Data

The historical data trend for ZaZa 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.

* Premium members only.

ZaZa Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
0.33 0.35 1.40 0.06 0.16

ZaZa Energy Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.06 0.04 0.03 0.02 0.02

Competitive Comparison

For the Oil & Gas E&P subindustry, ZaZa 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.


ZaZa Energy Asset Turnover Distribution

For the Oil & Gas industry and Energy sector, ZaZa Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ZaZa Energy's Asset Turnover falls into.



ZaZa Energy Asset Turnover Calculation

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

ZaZa Energy's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=11.48/( (87.542+60.216)/ 2 )
=11.48/73.879
=0.16

ZaZa Energy's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=1.073/( (52.924+50.997)/ 2 )
=1.073/51.9605
=0.02

* 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.


ZaZa Energy  (GREY:ZAZA) Asset Turnover Explanation

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

ZaZa Energy's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=-33.584/-69.4295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-33.584 / 4.292)*(4.292 / 51.9605)*(51.9605/ -69.4295)
=Net Margin %*Asset Turnover*Equity Multiplier
=-782.48 %*0.0826*-0.7484
=ROA %*Equity Multiplier
=-64.63 %*-0.7484
=48.37 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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:

ZaZa Energy's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=-33.584/51.9605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-33.584 / 4.292)*(4.292 / 51.9605)
=Net Margin %*Asset Turnover
=-782.48 %*0.0826
=-64.63 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


ZaZa Energy Asset Turnover Related Terms

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ZaZa Energy (ZaZa Energy) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 2800, Houston, TX, USA, 77010
ZaZa Energy Corp is an independent oil and gas company. The Company is focused on the exploration and production of unconventional and conventional oil and gas assets. It operates primarily through joint ventures in the Eagle Ford East trend in East Texas and the Eagle Ford trend in South Texas.

ZaZa Energy (ZaZa Energy) Headlines

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