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CCAP (Crescent Capital BDC) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Crescent Capital BDC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Crescent Capital BDC's Revenue for the three months ended in Sep. 2024 was $18.1 Mil. Crescent Capital BDC's Total Assets for the quarter that ended in Sep. 2024 was $1,658.7 Mil. Therefore, Crescent Capital BDC's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Crescent Capital BDC's annualized ROE % for the quarter that ended in Sep. 2024 was 8.14%. It is also linked to ROA % through Du Pont Formula. Crescent Capital BDC's annualized ROA % for the quarter that ended in Sep. 2024 was 3.68%.


Crescent Capital BDC Asset Turnover Historical Data

The historical data trend for Crescent Capital BDC'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.

Crescent Capital BDC Asset Turnover Chart

Crescent Capital BDC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.04 0.05 0.07 0.02 0.06

Crescent Capital BDC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of Crescent Capital BDC's Asset Turnover

For the Asset Management subindustry, Crescent Capital BDC'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.


Crescent Capital BDC's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Crescent Capital BDC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Crescent Capital BDC's Asset Turnover falls into.



Crescent Capital BDC Asset Turnover Calculation

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

Crescent Capital BDC's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=92.458/( (1302.878+1627.379)/ 2 )
=92.458/1465.1285
=0.06

Crescent Capital BDC's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=18.083/( (1672.432+1645.049)/ 2 )
=18.083/1658.7405
=0.01

* 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.


Crescent Capital BDC  (NAS:CCAP) Asset Turnover Explanation

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

Crescent Capital BDC's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=61.072/750.6235
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(61.072 / 72.332)*(72.332 / 1658.7405)*(1658.7405/ 750.6235)
=Net Margin %*Asset Turnover*Equity Multiplier
=84.43 %*0.0436*2.2098
=ROA %*Equity Multiplier
=3.68 %*2.2098
=8.14 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Crescent Capital BDC's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=61.072/1658.7405
=(Net Income / Revenue)*(Revenue / Total Assets)
=(61.072 / 72.332)*(72.332 / 1658.7405)
=Net Margin %*Asset Turnover
=84.43 %*0.0436
=3.68 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Crescent Capital BDC Asset Turnover Related Terms

Thank you for viewing the detailed overview of Crescent Capital BDC's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Crescent Capital BDC Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 2000, Los Angeles, CA, USA, 90025
Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.
Executives
Michael Scott Segal director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Steven F. Strandberg director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Strong George G. Jr. director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Susan Y Lee director 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
George Hawley officer: Secretary C/O CRESCENT CAPITAL GROUP LP, 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Gerhard Lombard officer: Chief Financial Officer 600 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10020
Erik G Barrios officer: Senior Vice President C/O CRESCENT CAPITAL GROUP, 299 PARK AVENUE, NEW YORK NY 10171
Kirill Bouek officer: Controller 10 HUDSON YARDS, 41ST FLOOR, NEW YORK NY 10001
Joseph Hanlon officer: Chief Compliance Officer C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jason Breaux officer: Chief Executive Officer C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Raymond Barrios officer: Senior Vice President 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Elizabeth Ko director 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
Allied World Assurance Co Holdings, Gmbh 10 percent owner PARK TOWER, 15TH FLOOR, GUBELSTRASSE 24, ZUG V8 6300
Kathleen S Briscoe director GRIFFIN CAPITAL PLAZA, 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245