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AIM Energy (AIM Energy) Asset Turnover : 0.00 (As of May. 2018)


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What is AIM Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AIM Energy's Revenue for the three months ended in May. 2018 was $0.00 Mil. AIM Energy's Total Assets for the quarter that ended in May. 2018 was $0.84 Mil. Therefore, AIM Energy's Asset Turnover for the quarter that ended in May. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. AIM Energy's annualized ROE % for the quarter that ended in May. 2018 was 54.91%. It is also linked to ROA % through Du Pont Formula. AIM Energy's annualized ROA % for the quarter that ended in May. 2018 was -96.77%.


AIM Energy Asset Turnover Historical Data

The historical data trend for AIM 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.

AIM Energy Asset Turnover Chart

AIM Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Asset Turnover
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AIM Energy Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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Competitive Comparison of AIM Energy's Asset Turnover

For the Thermal Coal subindustry, AIM 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.


AIM Energy's Asset Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, AIM Energy's Asset Turnover distribution charts can be found below:

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



AIM Energy Asset Turnover Calculation

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

AIM Energy's Asset Turnover for the fiscal year that ended in Aug. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2017 )/( (Total Assets (A: Aug. 2016 )+Total Assets (A: Aug. 2017 ))/ count )
=0/( (0.416+0.817)/ 2 )
=0/0.6165
=0.00

AIM Energy's Asset Turnover for the quarter that ended in May. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2018 )/( (Total Assets (Q: Feb. 2018 )+Total Assets (Q: May. 2018 ))/ count )
=0/( (0.838+0.832)/ 2 )
=0/0.835
=0.00

* 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.


AIM Energy  (OTCPK:AEXE) Asset Turnover Explanation

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

AIM Energy's annulized ROE % for the quarter that ended in May. 2018 is

ROE %**(Q: May. 2018 )
=Net Income/Total Stockholders Equity
=-0.808/-1.4715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.808 / 0)*(0 / 0.835)*(0.835/ -1.4715)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.5674
=ROA %*Equity Multiplier
=-96.77 %*-0.5674
=54.91 %

Note: The Net Income data used here is four times the quarterly (May. 2018) net income data. The Revenue data used here is four times the quarterly (May. 2018) 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:

AIM Energy's annulized ROA % for the quarter that ended in May. 2018 is

ROA %(Q: May. 2018 )
=Net Income/Total Assets
=-0.808/0.835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.808 / 0)*(0 / 0.835)
=Net Margin %*Asset Turnover
= %*0
=-96.77 %

Note: The Net Income data used here is four times the quarterly (May. 2018) net income data. The Revenue data used here is four times the quarterly (May. 2018) 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.


AIM Energy Asset Turnover Related Terms

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AIM Energy (AIM Energy) Business Description

Traded in Other Exchanges
N/A
Address
170 S Green Valley Parkway, Suite 300, Henderson, NV, USA, 89012
AIM Energy Inc is a junior mining exploration stage company. It is involved in the business of acquisition and exploration of mineral properties with the intent to take properties to production. Its projects include the anthracite coal project in Lajon city, Otuzco province, Peru.

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