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CMTG (Claros Mortgage Trust) Asset Turnover : -0.01 (As of Dec. 2024)


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What is Claros Mortgage Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Claros Mortgage Trust's Revenue for the three months ended in Dec. 2024 was $-70.23 Mil. Claros Mortgage Trust's Total Assets for the quarter that ended in Dec. 2024 was $7,137.51 Mil. Therefore, Claros Mortgage Trust's Asset Turnover for the quarter that ended in Dec. 2024 was -0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Claros Mortgage Trust's annualized ROE % for the quarter that ended in Dec. 2024 was -19.59%. It is also linked to ROA % through Du Pont Formula. Claros Mortgage Trust's annualized ROA % for the quarter that ended in Dec. 2024 was -5.64%.


Claros Mortgage Trust Asset Turnover Historical Data

The historical data trend for Claros Mortgage Trust'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.

Claros Mortgage Trust Asset Turnover Chart

Claros Mortgage Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.04 0.03 0.03 0.03 0.01

Claros Mortgage Trust Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 0.01 0.01 0.01 -0.01

Competitive Comparison of Claros Mortgage Trust's Asset Turnover

For the REIT - Mortgage subindustry, Claros Mortgage Trust'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.


Claros Mortgage Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Claros Mortgage Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Claros Mortgage Trust's Asset Turnover falls into.


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Claros Mortgage Trust Asset Turnover Calculation

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

Claros Mortgage Trust's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=97.776/( (8069.361+6966.955)/ 2 )
=97.776/7518.158
=0.01

Claros Mortgage Trust's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-70.227/( (7308.073+6966.955)/ 2 )
=-70.227/7137.514
=-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.


Claros Mortgage Trust  (NYSE:CMTG) Asset Turnover Explanation

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

Claros Mortgage Trust's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-402.792/2056.0225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-402.792 / -280.908)*(-280.908 / 7137.514)*(7137.514/ 2056.0225)
=Net Margin %*Asset Turnover*Equity Multiplier
=143.39 %*-0.0394*3.4715
=ROA %*Equity Multiplier
=-5.64 %*3.4715
=-19.59 %

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

Claros Mortgage Trust's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-402.792/7137.514
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-402.792 / -280.908)*(-280.908 / 7137.514)
=Net Margin %*Asset Turnover
=143.39 %*-0.0394
=-5.64 %

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


Claros Mortgage Trust Asset Turnover Related Terms

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


Claros Mortgage Trust Business Description

Traded in Other Exchanges
Address
C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023
Claros Mortgage Trust Inc is a real estate investment trust. The company is focused mainly on creating a diversified portfolio of income-producing loans collateralized by institutional quality commercial real estate.
Executives
Richard Mack director, officer: See Remarks 60 COLOMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Mike Mcgillis director, officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Steven Leonard Richman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
W Edward Walter director
Jeffrey D Siegel officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Vincent Tese director 245 PARK AVE, 19TH FL., NEW YORK NY 10167
Jai Agarwal officer: Chief Financial Officer 601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Mary Haggerty director 13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Pamela Liebman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Andrew Mark Silberstein director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Holdings, Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Beaverhead Capital, Llc 10 percent owner 4111 E. 37TH STREET NORTH, WICHITA KS 67220
Derrick D Cephas director 690 LEE ROAD, WAYNE PA 19087
Priyanka Garg officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023