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Cairo Mezz (Cairo Mezz) Asset Turnover : 0.00 (As of Dec. 2022)


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What is Cairo Mezz Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cairo Mezz's Revenue for the six months ended in Dec. 2022 was $0.0 Mil. Cairo Mezz's Total Assets for the quarter that ended in Dec. 2022 was $61.4 Mil. Therefore, Cairo Mezz's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Cairo Mezz's annualized ROE % for the quarter that ended in Dec. 2022 was 0.00%. It is also linked to ROA % through Du Pont Formula. Cairo Mezz's annualized ROA % for the quarter that ended in Dec. 2022 was 0.00%.


Cairo Mezz Asset Turnover Historical Data

The historical data trend for Cairo Mezz'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.

Cairo Mezz Asset Turnover Chart

Cairo Mezz Annual Data
Trend Dec22 Dec23
Asset Turnover
-0.02 1.05

Cairo Mezz Semi-Annual Data
May20 Dec22 Dec23
Asset Turnover - - -

Competitive Comparison of Cairo Mezz's Asset Turnover

For the Capital Markets subindustry, Cairo Mezz'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.


Cairo Mezz's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cairo Mezz's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cairo Mezz's Asset Turnover falls into.



Cairo Mezz Asset Turnover Calculation

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

Cairo Mezz'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 )
=134.164/( (60.145+195.724)/ 2 )
=134.164/127.9345
=1.05

Cairo Mezz's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: May. 2020 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (62.696+60.145)/ 2 )
=0/61.4205
=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.


Cairo Mezz  (OTCPK:CMZZF) Asset Turnover Explanation

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

Cairo Mezz's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=0/61.2935
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 61.4205)*(61.4205/ 61.2935)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0021
=ROA %*Equity Multiplier
=0.00 %*1.0021
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Cairo Mezz's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=0/61.4205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 61.4205)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Cairo Mezz Asset Turnover Related Terms

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Cairo Mezz (Cairo Mezz) Business Description

Traded in Other Exchanges
Address
33 Vasilissis Friderikis, 2nd Floor, Palais D’ Ivoire House, Nicosia, CYP, 1066
Cairo Mezz PLC is engaged in holding and managing mezzanine and junior notes issued due to the securitization of non-performing loans.

Cairo Mezz (Cairo Mezz) Headlines

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