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SFC Energy AG (XTER:F3C) Asset Turnover : 0.22 (As of Mar. 2024)


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What is SFC Energy AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SFC Energy AG's Revenue for the three months ended in Mar. 2024 was €40.05 Mil. SFC Energy AG's Total Assets for the quarter that ended in Mar. 2024 was €180.88 Mil. Therefore, SFC Energy AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. SFC Energy AG's annualized ROE % for the quarter that ended in Mar. 2024 was 15.91%. It is also linked to ROA % through Du Pont Formula. SFC Energy AG's annualized ROA % for the quarter that ended in Mar. 2024 was 11.55%.


SFC Energy AG Asset Turnover Historical Data

The historical data trend for SFC Energy AG'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.

SFC Energy AG Asset Turnover Chart

SFC Energy AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.67 0.74 0.73 0.74

SFC Energy AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.15 0.19 - 0.18 0.22

Competitive Comparison of SFC Energy AG's Asset Turnover

For the Specialty Industrial Machinery subindustry, SFC Energy AG'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.


SFC Energy AG's Asset Turnover Distribution in the Industrial Products Industry

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

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



SFC Energy AG Asset Turnover Calculation

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

SFC Energy AG's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=118.148/( (145.187+176.399)/ 2 )
=118.148/160.793
=0.73

SFC Energy AG's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=40.048/( (176.399+185.356)/ 2 )
=40.048/180.8775
=0.22

* 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.


SFC Energy AG  (XTER:F3C) Asset Turnover Explanation

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

SFC Energy AG's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=20.896/131.3115
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.896 / 160.192)*(160.192 / 180.8775)*(180.8775/ 131.3115)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.04 %*0.8856*1.3775
=ROA %*Equity Multiplier
=11.55 %*1.3775
=15.91 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

SFC Energy AG's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=20.896/180.8775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.896 / 160.192)*(160.192 / 180.8775)
=Net Margin %*Asset Turnover
=13.04 %*0.8856
=11.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


SFC Energy AG Asset Turnover Related Terms

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SFC Energy AG (XTER:F3C) Business Description

Traded in Other Exchanges
Address
Eugen-Saenger-Ring 7, Brunnthal, DEU, 85649
SFC Energy AG is engaged in the development, production, and distribution of power generation systems and their components for off-grid and on-grid applications based on fuel cell and other technologies, as well as investment in the equipment and facilities required for these activities and transaction of all other related business. The company's product portfolio comprises accessories and spare parts, fuel cartridges, combining fuel cell products with other power sources, power storage units, and electrical devices. The group serves the core segments namely Clean Energy and Mobility, Oil and Gas, Defense and Security, and Industry. North American market constitutes the majority of the total income followed by Europe excluding Germany.
Executives
Hubertus Krossa Chairman of the Supervisory Board
Dr. Peter Podesser Board of Directors
Henning Gebhardt Supervisory Board

SFC Energy AG (XTER:F3C) Headlines

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