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Goldmanchs BDC (Goldmanchs BDC) Asset Turnover : 0.01 (As of Mar. 2024)


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What is Goldmanchs BDC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Goldmanchs BDC's Revenue for the three months ended in Mar. 2024 was $45.9 Mil. Goldmanchs BDC's Total Assets for the quarter that ended in Mar. 2024 was $3,535.0 Mil. Therefore, Goldmanchs BDC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Goldmanchs BDC's annualized ROE % for the quarter that ended in Mar. 2024 was 10.50%. It is also linked to ROA % through Du Pont Formula. Goldmanchs BDC's annualized ROA % for the quarter that ended in Mar. 2024 was 4.80%.


Goldmanchs BDC Asset Turnover Historical Data

The historical data trend for Goldmanchs BDC'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.

Goldmanchs BDC Asset Turnover Chart

Goldmanchs BDC 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 0.03 0.06 0.05 0.02 0.06

Goldmanchs BDC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.01 0.02 0.02 0.02 0.01

Competitive Comparison of Goldmanchs BDC's Asset Turnover

For the Asset Management subindustry, Goldmanchs BDC'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.


Goldmanchs BDC's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldmanchs BDC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Goldmanchs BDC's Asset Turnover falls into.



Goldmanchs BDC Asset Turnover Calculation

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

Goldmanchs BDC'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 )
=207.993/( (3591.311+3522.819)/ 2 )
=207.993/3557.065
=0.06

Goldmanchs BDC'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 )
=45.937/( (3522.819+3547.202)/ 2 )
=45.937/3535.0105
=0.01

* 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.


Goldmanchs BDC  (NYSE:GSBD) Asset Turnover Explanation

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

Goldmanchs BDC's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=169.808/1616.7155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(169.808 / 183.748)*(183.748 / 3535.0105)*(3535.0105/ 1616.7155)
=Net Margin %*Asset Turnover*Equity Multiplier
=92.41 %*0.052*2.1865
=ROA %*Equity Multiplier
=4.80 %*2.1865
=10.50 %

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:

Goldmanchs BDC's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=169.808/3535.0105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(169.808 / 183.748)*(183.748 / 3535.0105)
=Net Margin %*Asset Turnover
=92.41 %*0.052
=4.80 %

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.


Goldmanchs BDC Asset Turnover Related Terms

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


Goldmanchs BDC (Goldmanchs BDC) Business Description

Traded in Other Exchanges
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
Executives
David Miller officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Jennifer Yang officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Greg Watts officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Justin Betzen officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Tucker Greene officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Gabriella Skirnick officer: See Remarks C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282
Alex Chi officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Susan B Mcgee director 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Ann B Lane director C/O DEALERTRACK HOLDINGS, INC., 1111 MARCUS AVENUE, SUITE M04, NEW YORK NY 11042
Jonathan Lamm, officer: See Remarks 200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria officer: Interim CFO & Interim Treas C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Richard A Mark director 2052 STONEBRIDGE CT, WHEATON IL 60189
Timothy J Leach director C/O UNITED STATES TRUST COMPANY, 114 WEST 47TH STREET, NEW YORK NY 10036-1532
Jordan Walter officer: Executive Vice President 200 WEST STREET, NEW YORK NY 10282

Goldmanchs BDC (Goldmanchs BDC) Headlines

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