GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Capstone Green Energy Corp (OTCPK:CGRNQ) » Definitions » Asset Turnover

Capstone Green Energy (Capstone Green Energy) Asset Turnover : 0.18 (As of Dec. 2022)


View and export this data going back to 2000. Start your Free Trial

What is Capstone Green 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. Capstone Green Energy's Revenue for the three months ended in Dec. 2022 was $19.61 Mil. Capstone Green Energy's Total Assets for the quarter that ended in Dec. 2022 was $108.09 Mil. Therefore, Capstone Green Energy's Asset Turnover for the quarter that ended in Dec. 2022 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Capstone Green Energy's annualized ROE % for the quarter that ended in Dec. 2022 was -582.24%. It is also linked to ROA % through Du Pont Formula. Capstone Green Energy's annualized ROA % for the quarter that ended in Dec. 2022 was -19.30%.


Capstone Green Energy Asset Turnover Historical Data

The historical data trend for Capstone Green 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.

Capstone Green Energy Asset Turnover Chart

Capstone Green Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.21 0.90 0.75 0.67

Capstone Green Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Asset Turnover Get a 7-Day Free Trial 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 0.19 0.15 0.19 0.20 0.18

Competitive Comparison of Capstone Green Energy's Asset Turnover

For the Specialty Industrial Machinery subindustry, Capstone Green 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.


Capstone Green Energy's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Capstone Green Energy's Asset Turnover distribution charts can be found below:

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



Capstone Green Energy Asset Turnover Calculation

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

Capstone Green Energy's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=69.645/( (106.022+100.773)/ 2 )
=69.645/103.3975
=0.67

Capstone Green Energy's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=19.606/( (111.305+104.866)/ 2 )
=19.606/108.0855
=0.18

* 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.


Capstone Green Energy  (OTCPK:CGRNQ) Asset Turnover Explanation

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

Capstone Green Energy's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-20.856/3.582
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.856 / 78.424)*(78.424 / 108.0855)*(108.0855/ 3.582)
=Net Margin %*Asset Turnover*Equity Multiplier
=-26.59 %*0.7256*30.1746
=ROA %*Equity Multiplier
=-19.30 %*30.1746
=-582.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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:

Capstone Green Energy's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-20.856/108.0855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.856 / 78.424)*(78.424 / 108.0855)
=Net Margin %*Asset Turnover
=-26.59 %*0.7256
=-19.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Capstone Green Energy Asset Turnover Related Terms

Thank you for viewing the detailed overview of Capstone Green Energy's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Capstone Green Energy (Capstone Green Energy) Business Description

Traded in Other Exchanges
N/A
Address
16640 Stagg Street, Van Nuys, Los Angles, CA, USA, 91406
Capstone Green Energy Corp is the producer of low-emission microturbine systems. The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine's products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power.
Executives
John J Juric officer: Chief Financial Officer 16640 STAGG STREET, VAN NUYS CA 91406
Scott W. Robinson officer: InterimChief Financial Officer 16640 STAGG STREET, C/O CAPSTONE GREEN ENERGY, VAN NUYS CA 91406
Darren Jamison officer: President and Cheif Executive 182 MAD RIVER PARK, WAITSFIELD VT 05673
Celia Fanning officer: Chief Accounting Officer 16640 STAGG STREET, VAN NUYS CA 91406
Ping Fu director C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Robert F Powelson director C/O CAPSTONE TURBINE CORPORATION, 16640 STAGG STREET, VAN NUYS CA 91406
Robert C Flexon director 1313 N MARKET ST, WILMINGTON DE 19894
Hencken Frederick S. Iii officer: Chief Accounting Officer C/O CAPSTONE TURBINE CORP., 16640 STAGG ST., VAN NUYS CA 91406
Neshan Nino Tavitian officer: Chief Accounting Officer 19034 SCHOENBORN STREET, NORTHRIDGE CA 91324
Denise Wilson director 211 CARNEGIE CENTER, PRINCETON NJ 08540
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
Paul Deweese director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Jayme L. Brooks officer: Interim CAO 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Noam Lotan director C/O MRV COMMUNICATIONS INC, 8917 FULLBRIGHT AVE, CHATSWORTH CA 91311

Capstone Green Energy (Capstone Green Energy) Headlines