BTAQW (Burgundy Technology Acquisition) Asset Turnover: 0.00 (As of Sep. 2020)

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BTAQW Burgundy Technology Acquisition Corp BTAQW
18 GF Score
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What is Burgundy Technology Acquisition Asset Turnover?

Burgundy Technology Acquisition BTAQW 18 Asset Turnover is 0.00 as of Sep. 2020. GuruFocus rates BTAQW with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Burgundy Technology Acquisition's Revenue for the six months ended in Sep. 2020 was $0.00 Mil. Burgundy Technology Acquisition's Total Assets for the quarter that ended in Sep. 2020 was $174.32 Mil. Therefore, Burgundy Technology Acquisition's Asset Turnover for the quarter that ended in Sep. 2020 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Burgundy Technology Acquisition's annualized ROE % for the quarter that ended in Sep. 2020 was -0.17%. It is also linked to ROA % through Du Pont Formula. Burgundy Technology Acquisition's annualized ROA % for the quarter that ended in Sep. 2020 was -0.17%.


Burgundy Technology Acquisition  (NAS:BTAQW) Asset Turnover Explanation

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

Burgundy Technology Acquisition's annulized ROE % for the quarter that ended in Sep. 2020 is

ROE %**(Q: Sep. 2020 )
=Net Income/Total Stockholders Equity
=-0.288/167.94
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.288 / 0)*(0 / 174.3195)*(174.3195/ 167.94)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.038
=ROA %*Equity Multiplier
=-0.17 %*1.038
=-0.17 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2020) net income data. The Revenue data used here is two times the semi-annual (Sep. 2020) 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:

Burgundy Technology Acquisition's annulized ROA % for the quarter that ended in Sep. 2020 is

ROA %(Q: Sep. 2020 )
=Net Income/Total Assets
=-0.288/174.3195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.288 / 0)*(0 / 174.3195)
=Net Margin %*Asset Turnover
= %*0
=-0.17 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2020) net income data. The Revenue data used here is two times the semi-annual (Sep. 2020) 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.


Burgundy Technology Acquisition Asset Turnover Related Terms


Burgundy Technology Acquisition Asset Turnover Historical Data

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The historical data trend for Burgundy Technology 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.

Burgundy Technology Acquisition Asset Turnover Chart

Burgundy Technology Acquisition Annual Data
Trend Dec20
Asset Turnover
0.00

Burgundy Technology Acquisition Semi-Annual Data
Jun20 Sep20 Dec20
Asset Turnover 0.00 0.00 0.00

BTAQW vs SNII, SPAQ, YTPG: Asset Turnover Comparison

For the Shell Companies subindustry, Burgundy Technology 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.


Burgundy Technology Acquisition Asset Turnover vs Diversified Financial Services Industry

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

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


BTAQW
18GF Score
Burgundy Technology Acquisition Corp BTAQW
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Burgundy Technology Acquisition Asset Turnover Calculation

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

Burgundy Technology Acquisition's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Burgundy Technology Acquisition's Asset Turnover for the quarter that ended in Sep. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=0/( (0.133+348.506)/ 2 )
=0/174.3195
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Burgundy Technology Acquisition (BTAQW) has a Asset Turnover of 0.00 as of Sep. 2020. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Burgundy Technology Acquisition and its competitors.
Is Burgundy Technology Acquisition's Asset Turnover too high?
Burgundy Technology Acquisition's current Asset Turnover is 0.00. Overall, Burgundy Technology Acquisition has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Burgundy Technology Acquisition's Asset Turnover compare to SNII and SPAQ?
Burgundy Technology Acquisition's Asset Turnover of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Diversified Financial Services company?
A good Asset Turnover depends on the Diversified Financial Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Burgundy Technology Acquisition and its competitors. Burgundy Technology Acquisition's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burgundy Technology Acquisition stock overvalued right now?
Burgundy Technology Acquisition (BTAQW) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Burgundy Technology Acquisition's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Burgundy Technology Acquisition (BTAQW), the current Asset Turnover is 0.00 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Burgundy Technology Acquisition Business Description

Address Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
Burgundy Technology Acquisition Corp is a blank check company.
18GF Score

Get the complete analysis for BTAQW

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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