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Authentic Equity Acquisition (Authentic Equity Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Authentic Equity Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Authentic Equity Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Authentic Equity Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $230.99 Mil. Therefore, Authentic Equity Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Authentic Equity Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was 3.59%. It is also linked to ROA % through Du Pont Formula. Authentic Equity Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 3.43%.


Authentic Equity Acquisition Asset Turnover Historical Data

The historical data trend for Authentic Equity Acquisition'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.

Authentic Equity Acquisition Asset Turnover Chart

Authentic Equity Acquisition Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Authentic Equity Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Authentic Equity Acquisition's Asset Turnover

For the Shell Companies subindustry, Authentic Equity Acquisition'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.


Authentic Equity Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Authentic Equity Acquisition's Asset Turnover falls into.



Authentic Equity Acquisition Asset Turnover Calculation

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

Authentic Equity Acquisition'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 )
=0/( (0.411+230.698)/ 2 )
=0/115.5545
=0.00

Authentic Equity Acquisition'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 )
=0/( (230.541+231.441)/ 2 )
=0/230.991
=0.00

* 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.


Authentic Equity Acquisition  (NAS:AEAC) Asset Turnover Explanation

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

Authentic Equity Acquisition's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=7.916/220.7145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.916 / 0)*(0 / 230.991)*(230.991/ 220.7145)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0466
=ROA %*Equity Multiplier
=3.43 %*1.0466
=3.59 %

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.

* 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:

Authentic Equity Acquisition's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=7.916/230.991
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.916 / 0)*(0 / 230.991)
=Net Margin %*Asset Turnover
= %*0
=3.43 %

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.

* 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.


Authentic Equity Acquisition Asset Turnover Related Terms

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Authentic Equity Acquisition (Authentic Equity Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Elm Place, 2nd Floor, Rye, NY, USA, 10580
Authentic Equity Acquisition Corp is a blank check company.
Executives
Robert Ernst director 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Todd Khoury director, officer: Chief Financial Officer 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Michael Feder Weinstein director 8111 SMITH'S MILL ROAD, NEW ALBANY OH 43054
Thomas J Flocco director, officer: President and COO 256 SHERIDAN ROAD, WINNETKA IL 60093
Timothy P O'connor director C/O LOJACK CORPORATION, WESTWOOD MA 020090
Authentic Equity Sponsor Llc 10 percent owner 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Kathleen Griffin Stack director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
David Hooper director, officer: Chairman and CEO C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Joseph Andrew Baker director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580