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AASP (Global Acquisitions) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Global Acquisitions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Acquisitions's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Global Acquisitions's Total Assets for the quarter that ended in Sep. 2024 was $0.00 Mil. Therefore, Global Acquisitions's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Acquisitions's annualized ROE % for the quarter that ended in Sep. 2024 was 717.75%. It is also linked to ROA % through Du Pont Formula. Global Acquisitions's annualized ROA % for the quarter that ended in Sep. 2024 was %.


Global Acquisitions Asset Turnover Historical Data

The historical data trend for Global Acquisitions'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.

Global Acquisitions Asset Turnover Chart

Global Acquisitions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Global Acquisitions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Global Acquisitions's Asset Turnover

For the Shell Companies subindustry, Global Acquisitions'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.


Global Acquisitions's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Acquisitions's Asset Turnover distribution charts can be found below:

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


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Global Acquisitions Asset Turnover Calculation

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

Global Acquisitions'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 )
=/( (0+0)/ 1 )
=/0
=

Global Acquisitions's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (0+0)/ 1 )
=0/0
=

* 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.


Global Acquisitions  (OTCPK:AASP) Asset Turnover Explanation

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

Global Acquisitions's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-2.548/-0.355
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.548 / 0)*(0 / 0)*(0/ -0.355)
=Net Margin %*Asset Turnover*Equity Multiplier
= %**0
=ROA %*Equity Multiplier
= %*0
=717.75 %

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

Global Acquisitions's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-2.548/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.548 / 0)*(0 / 0)
=Net Margin %*Asset Turnover
= %*
= %

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


Global Acquisitions Asset Turnover Related Terms

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Global Acquisitions Business Description

Traded in Other Exchanges
N/A
Address
6730 Las Vegas Boulevard South, Las Vegas, NV, USA, 89119
Global Acquisitions Corp is a shell company. Its business plan is to seek, investigate, and, if warranted, acquire an interest in a business opportunity.
Executives
Ronald S Boreta director, officer: PRESIDENT, CEO & TREASURER 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
John Anthony Boreta director 10013 SIENNA PEAK CT., LAS VEGAS NV 89144
Vaso Boreta director 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
Steven Miller director 3883 HOWARD HUGHES PKWY., 8TH FL., LAS VEGAS NV 89109
Andre K Agassi 10 percent owner C/O AGASSI ENTERPRISES INC, IMG CENTER 1360 E 9TH ST STE 100, CLEVELAND OH 44144-1782
Andre Agassi Trust 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Investments Aka, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Agassi Ventures, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Cara Brunette director 6730 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89119
William Kilmer director 1853 MONTE CARLO WAY, CORAL SPRINGS FL 33071
Robert Rosburg director 49-425 AVENIDA CLUB LA QUINTA, LAS QUINTA CA 92253

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