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BurTech Acquisition (BurTech Acquisition) Asset Turnover : 0.00 (As of Sep. 2023)


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What is BurTech 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. BurTech Acquisition's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. BurTech Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $71.07 Mil. Therefore, BurTech Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. BurTech Acquisition's annualized ROE % for the quarter that ended in Sep. 2023 was 0.02%. It is also linked to ROA % through Du Pont Formula. BurTech Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was 0.02%.


BurTech Acquisition Asset Turnover Historical Data

The historical data trend for BurTech 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.

BurTech Acquisition Asset Turnover Chart

BurTech Acquisition Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

BurTech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BurTech Acquisition's Asset Turnover

For the Shell Companies subindustry, BurTech 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.


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

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

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



BurTech Acquisition Asset Turnover Calculation

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

BurTech 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/( (293.741+296.011)/ 2 )
=0/294.876
=0.00

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (71.284+70.854)/ 2 )
=0/71.069
=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.


BurTech Acquisition  (NAS:BRKH) Asset Turnover Explanation

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

BurTech Acquisition's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0.012/56.2735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.012 / 0)*(0 / 71.069)*(71.069/ 56.2735)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2629
=ROA %*Equity Multiplier
=0.02 %*1.2629
=0.02 %

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

BurTech Acquisition's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0.012/71.069
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.012 / 0)*(0 / 71.069)
=Net Margin %*Asset Turnover
= %*0
=0.02 %

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


BurTech Acquisition Asset Turnover Related Terms

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BurTech Acquisition (BurTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004