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ALSP Orchid Acquisition I (ALSP Orchid Acquisition I) Asset Turnover : 0.00 (As of Jun. 2023)


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What is ALSP Orchid Acquisition I Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ALSP Orchid Acquisition I's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. ALSP Orchid Acquisition I's Total Assets for the quarter that ended in Jun. 2023 was $21.40 Mil. Therefore, ALSP Orchid Acquisition I's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. ALSP Orchid Acquisition I's annualized ROE % for the quarter that ended in Jun. 2023 was -0.16%. It is also linked to ROA % through Du Pont Formula. ALSP Orchid Acquisition I's annualized ROA % for the quarter that ended in Jun. 2023 was -0.11%.


ALSP Orchid Acquisition I Asset Turnover Historical Data

The historical data trend for ALSP Orchid Acquisition I'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.

ALSP Orchid Acquisition I Asset Turnover Chart

ALSP Orchid Acquisition I Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

ALSP Orchid Acquisition I Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of ALSP Orchid Acquisition I's Asset Turnover

For the Shell Companies subindustry, ALSP Orchid Acquisition I'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.


ALSP Orchid Acquisition I's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ALSP Orchid Acquisition I's Asset Turnover falls into.



ALSP Orchid Acquisition I Asset Turnover Calculation

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

ALSP Orchid Acquisition I's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (177.609+177.953)/ 2 )
=0/177.781
=0.00

ALSP Orchid Acquisition I's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (21.297+21.506)/ 2 )
=0/21.4015
=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.


ALSP Orchid Acquisition I  (NAS:ALOR) Asset Turnover Explanation

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

ALSP Orchid Acquisition I's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-0.024/14.9275
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.024 / 0)*(0 / 21.4015)*(21.4015/ 14.9275)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4337
=ROA %*Equity Multiplier
=-0.11 %*1.4337
=-0.16 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

ALSP Orchid Acquisition I's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-0.024/21.4015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.024 / 0)*(0 / 21.4015)
=Net Margin %*Asset Turnover
= %*0
=-0.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


ALSP Orchid Acquisition I Asset Turnover Related Terms

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ALSP Orchid Acquisition I (ALSP Orchid Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
2815 Eastlake Avenue East, Suite 300, Seattle, WA, USA, 98102
ALSP Orchid Acquisition Corp I is a newly organized blank check company.
Executives
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Thong Q. Le director, 10 percent owner, officer: Chief Executive Officer C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Carter Bruce L A director C/O ZYMOGENETICS, INC., 1201 EASTLAKE AVENUE, SEATTLE WA 98102
Mark W Hahn director 6340 QUADRANGLE DRIVE, SUITE 100, CHAPEL HILL NC 27517
Kendall Mohler officer: Chief Development Officer 2401 4TH AVE., SUITE 1050, SEATTLE WA 98121
Ian Howes director, 10 percent owner, officer: Chief Financial Officer C/O ALEXANDRIA AGRIFOODTECH, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Alsp Orchid Sponsor Llc 10 percent owner 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Sundar Kodiyalam director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Stephanie Read director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Kevin Chow officer: Chief Business Officer C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Andras Forgacs officer: Chief Operating Officer 6275 NANCY RIDGE DRIVE, SUITE 110, SAN DIEGO CA 92121
Eugene Yeo director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102