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Bright Lights Acquisition (Bright Lights Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Bright Lights 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. Bright Lights Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Bright Lights Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $231.58 Mil. Therefore, Bright Lights 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. Bright Lights Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was 6.28%. It is also linked to ROA % through Du Pont Formula. Bright Lights Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 5.88%.


Bright Lights Acquisition Asset Turnover Historical Data

The historical data trend for Bright Lights 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.

Bright Lights Acquisition Asset Turnover Chart

Bright Lights Acquisition Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Bright Lights 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 Bright Lights Acquisition's Asset Turnover

For the Shell Companies subindustry, Bright Lights 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.


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

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

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



Bright Lights Acquisition Asset Turnover Calculation

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

Bright Lights 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/( (0.366+230.701)/ 2 )
=0/115.5335
=0.00

Bright Lights 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/( (230.712+232.444)/ 2 )
=0/231.578
=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.


Bright Lights Acquisition  (NAS:BLTS) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=13.616/216.783
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.616 / 0)*(0 / 231.578)*(231.578/ 216.783)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0682
=ROA %*Equity Multiplier
=5.88 %*1.0682
=6.28 %

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:

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

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=13.616/231.578
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.616 / 0)*(0 / 231.578)
=Net Margin %*Asset Turnover
= %*0
=5.88 %

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.


Bright Lights Acquisition Asset Turnover Related Terms

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Bright Lights Acquisition (Bright Lights Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
12100 Wilshire Boulevard, Suite 1150, Los Angeles, CA, USA, 90025
Bright Lights Acquisition Corp is a blank check company.
Executives
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Peter Guber director 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
John Howard director 277 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10172
Bright Lights Sponsor Llc 10 percent owner, other: See Remarks. 12100 WILSHIIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Allen Shapiro director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Michael Mahan director, 10 percent owner, officer: CEO C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Bright Lights Holdco Llc 10 percent owner, other: See Remarks. C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Ciara Wilson director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Selena Kalvaria director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Hahn Lee officer: CFO & Secretary C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025