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Aequi Acquisition (Aequi Acquisition) Asset Turnover : 0.00 (As of Mar. 2023)


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What is Aequi 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. Aequi Acquisition's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Aequi Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $36.78 Mil. Therefore, Aequi Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Aequi Acquisition's annualized ROE % for the quarter that ended in Mar. 2023 was -7.67%. It is also linked to ROA % through Du Pont Formula. Aequi Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 was -6.49%.


Aequi Acquisition Asset Turnover Historical Data

The historical data trend for Aequi 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.

Aequi Acquisition Asset Turnover Chart

Aequi Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Aequi Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Aequi Acquisition's Asset Turnover

For the Shell Companies subindustry, Aequi 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.


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

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

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



Aequi Acquisition Asset Turnover Calculation

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

Aequi Acquisition'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/( (231.116+36.667)/ 2 )
=0/133.8915
=0.00

Aequi Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (36.667+36.899)/ 2 )
=0/36.783
=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.


Aequi Acquisition  (NAS:ARBGU) Asset Turnover Explanation

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

Aequi Acquisition's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-2.388/31.117
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.388 / 0)*(0 / 36.783)*(36.783/ 31.117)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1821
=ROA %*Equity Multiplier
=-6.49 %*1.1821
=-7.67 %

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

Aequi Acquisition's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-2.388/36.783
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.388 / 0)*(0 / 36.783)
=Net Margin %*Asset Turnover
= %*0
=-6.49 %

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


Aequi Acquisition Asset Turnover Related Terms

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Aequi Acquisition (Aequi Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830
Website
Aequi Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Susan Hassan director, officer: Chief Operating Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Roy Swan director 75 WEST 125TH STREET, NEW YORK NY 10027
Hope S Taitz director, 10 percent owner, officer: Chief Executive Officer C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jason Scheir director GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE, 12TH FLOOR, NEW YORK NY 10171
Emil K. Woods director C/O CEDAR HILL CAPITAL PARTNERS, LLC, 445 PARK AVE., 5TH FLOOR, NEW YORK NY 10022
Aequi Sponsor Llc 10 percent owner 9 DAVIS DRIVE, ARMONK NY 10504
Joy Seppala director, officer: Chief Financial Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Fatou Sagnang director 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830