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CF Acquisition VI (CF Acquisition VI) Asset Turnover : 0.00 (As of Jun. 2022)


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What is CF Acquisition VI Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CF Acquisition VI's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. CF Acquisition VI's Total Assets for the quarter that ended in Jun. 2022 was $300.70 Mil. Therefore, CF Acquisition VI's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. CF Acquisition VI's annualized ROE % for the quarter that ended in Jun. 2022 was 27.54%. It is also linked to ROA % through Du Pont Formula. CF Acquisition VI's annualized ROA % for the quarter that ended in Jun. 2022 was 24.96%.


CF Acquisition VI Asset Turnover Historical Data

The historical data trend for CF Acquisition VI'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.

CF Acquisition VI Asset Turnover Chart

CF Acquisition VI Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

CF Acquisition VI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of CF Acquisition VI's Asset Turnover

For the Shell Companies subindustry, CF Acquisition VI'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.


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

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

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



CF Acquisition VI Asset Turnover Calculation

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

CF Acquisition VI'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/( (0.206+300.595)/ 2 )
=0/150.4005
=0.00

CF Acquisition VI's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=0/( (300.501+300.896)/ 2 )
=0/300.6985
=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.


CF Acquisition VI  (NAS:CFVI) Asset Turnover Explanation

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

CF Acquisition VI's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=75.044/272.463
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(75.044 / 0)*(0 / 300.6985)*(300.6985/ 272.463)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1036
=ROA %*Equity Multiplier
=24.96 %*1.1036
=27.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

CF Acquisition VI's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=75.044/300.6985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(75.044 / 0)*(0 / 300.6985)
=Net Margin %*Asset Turnover
= %*0
=24.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


CF Acquisition VI Asset Turnover Related Terms

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CF Acquisition VI (CF Acquisition VI) Business Description

Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Website
CF Acquisition Corp VI is a blank check company.
Executives
Paul T Cappuccio director TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis officer: Gen.Counsel & Corp. Sectry 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ryan Milnes director, 10 percent owner 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes officer: Chief Operating Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki officer: Chief Technology Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff officer: Chief Financial Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Nancy Armstrong director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski director, 10 percent owner, officer: Chief Executive Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo officer: Chief Content Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein director CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay director 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Jane Novak officer: Chief Financial Officer 110 EAST 59TH STREET, NEW YORK NY 10022
Elam Harry J. Jr. director CANTOR ACQUISITION CORP. VI, 110 EAST 59TH STREET, NEW YORK NY 10022