Archaea Energy (Archaea Energy) Asset Turnover : 0.05 (As of Sep. 2022)

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What is Archaea 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. Archaea Energy's Revenue for the three months ended in Sep. 2022 was $102.3 Mil. Archaea Energy's Total Assets for the quarter that ended in Sep. 2022 was $2,029.8 Mil. Therefore, Archaea Energy's Asset Turnover for the quarter that ended in Sep. 2022 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Archaea Energy's annualized ROE % for the quarter that ended in Sep. 2022 was -32.96%. It is also linked to ROA % through Du Pont Formula. Archaea Energy's annualized ROA % for the quarter that ended in Sep. 2022 was -2.95%.

Archaea Energy Asset Turnover Historical Data

The historical data trend for Archaea 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.

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Archaea Energy Asset Turnover Chart

Archaea Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Asset Turnover

0.17

0.10

Archaea Energy Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Asset Turnover	Get a 7-Day Free Trial							0.02	0.04	0.04	0.05	0.05

Competitive Comparison of Archaea Energy's Asset Turnover

For the Utilities - Renewable subindustry, Archaea 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.

Archaea Energy's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

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

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

Archaea Energy Asset Turnover Calculation

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

Archaea Energy's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2021 )	/	( (Total Assets (A: Dec. 2020 )	+	Total Assets (A: Dec. 2021 ))	/ count )
=	73.688	/	( (74.281	+	1451.189)	/ 2 )
=	73.688	/	762.735
=	0.10

Archaea Energy's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	102.271	/	( (1712.523	+	2347.042)	/ 2 )
=	102.271	/	2029.7825
=	0.05

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.

Archaea Energy (NYSE:LFG) Asset Turnover Explanation

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

Archaea Energy's annulized ROE % for the quarter that ended in Sep. 2022 is

	ROE %^**		(Q: Sep. 2022 )
=	Net Income	/	Total Stockholders Equity
=	-59.964	/	181.9265
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-59.964 / 409.084)	*	(409.084 / 2029.7825)	*	(2029.7825/ 181.9265)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-14.66 %	*	0.2015	*	11.1572
=	ROA %	*	Equity Multiplier
=	-2.95 %	*	11.1572
=	-32.96 %

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

^** 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:

Archaea Energy's annulized ROA % for the quarter that ended in Sep. 2022 is

	ROA %		(Q: Sep. 2022 )
=	Net Income	/	Total Assets
=	-59.964	/	2029.7825
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-59.964 / 409.084)	*	(409.084 / 2029.7825)
=	Net Margin %	*	Asset Turnover
=	-14.66 %	*	0.2015
=	-2.95 %

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

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.

Archaea Energy Asset Turnover Related Terms

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Archaea Energy (Archaea Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Archaea Energy Inc (NYSE:LFG) » Definitions » Asset Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4444 Westheimer Road, Suite G450, Houston, TX, USA, 77027

Website

https://www.archaeaenergy.com

Archaea Energy Inc is a renewable natural gas (RNG) producer in the U.S., with an RNG platform developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low-carbon fuel.

Executives

Ares Management Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
United States Power Fund Iii, L.p.	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Edward P. Taibi	officer: GC, EVP Strat Init & Gov Aff	35 EAST 62ND STREET, NEW YORK NY 10065
Brian F Mccarthy	officer: Chief Investment Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Aria Renewable Energy Systems Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp	director, 10 percent owner	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Archaea Energy Llc	10 percent owner	500 TECHNOLOGY DRIVE, SECOND FLOOR, CANONSBURG PA 15317
Shalennial Fund I, L.p.	10 percent owner	102 EAST MAIN STREET, SECOND STORY, CARNEGIE PA 15106
Richard Walton	officer: President	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Nicholas Stork	director, officer: Chief Executive Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Lindsay Ellis	officer: General Counsel and Secretary	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Chad Bellah	officer: Chief Accounting Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Eif Us Power Iv, Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Eif Us Power Iii, Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Scott Parkes	director	C/O ARES MANAGEMENT CORP., 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067