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AGGRU (Agile Growth) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Agile Growth Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Agile Growth's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Agile Growth's Total Assets for the quarter that ended in Sep. 2022 was $311.64 Mil. Therefore, Agile Growth's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Agile Growth's annualized ROE % for the quarter that ended in Sep. 2022 was 4.59%. It is also linked to ROA % through Du Pont Formula. Agile Growth's annualized ROA % for the quarter that ended in Sep. 2022 was 4.37%.


Agile Growth Asset Turnover Historical Data

The historical data trend for Agile Growth'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.

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Agile Growth Asset Turnover Chart

Agile Growth Annual Data
Trend Dec21
Asset Turnover
-

Agile Growth Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Agile Growth's Asset Turnover

For the Shell Companies subindustry, Agile Growth'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.


Agile Growth's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Agile Growth's Asset Turnover falls into.


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Agile Growth Asset Turnover Calculation

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

Agile Growth'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: . 20 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
=

Agile Growth'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/( (311.067+312.208)/ 2 )
=0/311.6375
=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.


Agile Growth  (NAS:AGGRU) Asset Turnover Explanation

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

Agile Growth's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=13.612/296.875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.612 / 0)*(0 / 311.6375)*(311.6375/ 296.875)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0497
=ROA %*Equity Multiplier
=4.37 %*1.0497
=4.59 %

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:

Agile Growth's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=13.612/311.6375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.612 / 0)*(0 / 311.6375)
=Net Margin %*Asset Turnover
= %*0
=4.37 %

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.


Agile Growth Asset Turnover Related Terms

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Agile Growth Business Description

Traded in Other Exchanges
N/A
Address
275 Grove Street, Suite 2-400, Riverside Center, Newton, MA, USA, 02466
Agile Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Jay Bhatt director, officer: CEO, CFO AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Carol Bartz director
Steven W Alesio director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Philip M Pead director
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Antonio J. Aquilina officer: Chief Sourcing Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
James E Heppelmann director C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Agile Growth Sponsor, Llc 10 percent owner RIVERSIDE CENTER, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Tony Grout officer: Chief Technology Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Sally Baraka officer: Chief Administrative Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
John Edward Newton director, officer: Chief Strategic Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466

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