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LanzaTech Global (LanzaTech Global) Asset Turnover : 0.05 (As of Mar. 2024)


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What is LanzaTech Global Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LanzaTech Global's Revenue for the three months ended in Mar. 2024 was $10.24 Mil. LanzaTech Global's Total Assets for the quarter that ended in Mar. 2024 was $228.06 Mil. Therefore, LanzaTech Global's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. LanzaTech Global's annualized ROE % for the quarter that ended in Mar. 2024 was -98.92%. It is also linked to ROA % through Du Pont Formula. LanzaTech Global's annualized ROA % for the quarter that ended in Mar. 2024 was -44.74%.


LanzaTech Global Asset Turnover Historical Data

The historical data trend for LanzaTech Global'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.

LanzaTech Global Asset Turnover Chart

LanzaTech Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.15 0.19 0.23 0.30

LanzaTech Global Quarterly Data
Dec20 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 0.04 0.04 0.07 0.08 0.05

Competitive Comparison of LanzaTech Global's Asset Turnover

For the Waste Management subindustry, LanzaTech Global'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.


LanzaTech Global's Asset Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, LanzaTech Global's Asset Turnover distribution charts can be found below:

* The bar in red indicates where LanzaTech Global's Asset Turnover falls into.



LanzaTech Global Asset Turnover Calculation

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

LanzaTech Global'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 )
=62.631/( (176.856+241.624)/ 2 )
=62.631/209.24
=0.30

LanzaTech Global'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 )
=10.244/( (241.624+214.496)/ 2 )
=10.244/228.06
=0.04

* 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.


LanzaTech Global  (NAS:LNZA) Asset Turnover Explanation

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

LanzaTech Global's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-102.032/103.1435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-102.032 / 40.976)*(40.976 / 228.06)*(228.06/ 103.1435)
=Net Margin %*Asset Turnover*Equity Multiplier
=-249 %*0.1797*2.2111
=ROA %*Equity Multiplier
=-44.74 %*2.2111
=-98.92 %

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:

LanzaTech Global's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-102.032/228.06
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-102.032 / 40.976)*(40.976 / 228.06)
=Net Margin %*Asset Turnover
=-249 %*0.1797
=-44.74 %

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.


LanzaTech Global Asset Turnover Related Terms

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


LanzaTech Global (LanzaTech Global) Business Description

Traded in Other Exchanges
N/A
Address
8045 Lamon Avenue, Suite 400, Skokie, IL, USA, 60077
LanzaTech Global Inc is a nature-based carbon refining company that transforms waste carbon into the chemical building blocks for consumer goods such as sustainable fuels, fabrics, and packaging that people use in their daily lives. The company's goal is to reduce the need for virgin fossil fuels by challenging and striving to change the way the world uses carbon.
Executives
Chad Thompson officer: Chief People Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Zarath Summers officer: Chief Science Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Michael Kopke officer: Chief Innovation Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Cuellar Calad Aura Maria officer: EVP, Growth & Strategy LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Khosla Ventures Iii, L.p. 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Vk Services, Llc 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Khosla Ventures Associates Iii, Llc 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Vinod Khosla 10 percent owner 2128 SAND HILL RD, MENLO PARK CA 94025
Freya Burton officer: Chief Sustainability Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Geoffrey Trukenbrod officer: Chief Financial Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Johanna Haggstrom officer: VP, Chemicals & HC Fuels Tech. 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Julie Zarraga officer: EVP, Engineering 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Steven F Stanley officer: Chief Commercial Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Robert Conrado officer: VP, Eng. Design & Development 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077