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CPTK.U (Crown PropTech Acquisitions) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Crown PropTech Acquisitions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Crown PropTech Acquisitions's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Crown PropTech Acquisitions's Total Assets for the quarter that ended in Jun. 2023 was $43.69 Mil. Therefore, Crown PropTech Acquisitions's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Crown PropTech Acquisitions's annualized ROE % for the quarter that ended in Jun. 2023 was 8.49%. It is also linked to ROA % through Du Pont Formula. Crown PropTech Acquisitions's annualized ROA % for the quarter that ended in Jun. 2023 was 7.87%.


Crown PropTech Acquisitions Asset Turnover Historical Data

The historical data trend for Crown PropTech Acquisitions'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.

Crown PropTech Acquisitions Asset Turnover Chart

Crown PropTech Acquisitions Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
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Crown PropTech Acquisitions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Crown PropTech Acquisitions's Asset Turnover

For the Shell Companies subindustry, Crown PropTech Acquisitions'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.


Crown PropTech Acquisitions's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crown PropTech Acquisitions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Crown PropTech Acquisitions's Asset Turnover falls into.


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Crown PropTech Acquisitions Asset Turnover Calculation

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

Crown PropTech Acquisitions's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (276.104+280.118)/ 2 )
=0/278.111
=0.00

Crown PropTech Acquisitions's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (43.396+43.974)/ 2 )
=0/43.685
=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.


Crown PropTech Acquisitions  (NYSE:CPTK.U) Asset Turnover Explanation

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

Crown PropTech Acquisitions's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=3.44/40.522
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.44 / 0)*(0 / 43.685)*(43.685/ 40.522)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0781
=ROA %*Equity Multiplier
=7.87 %*1.0781
=8.49 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Crown PropTech Acquisitions's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=3.44/43.685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.44 / 0)*(0 / 43.685)
=Net Margin %*Asset Turnover
= %*0
=7.87 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Crown PropTech Acquisitions Asset Turnover Related Terms

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Crown PropTech Acquisitions Business Description

Traded in Other Exchanges
N/A
Address
28 West 25th Street, Floor 6, New York, NY, USA, 10010
Crown PropTech Acquisitions is a blank check company.
Executives
Christopher Thomas Rogers director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Gavin Cuneo officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick 10 percent owner, officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc 10 percent owner 40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Pius Sprenger director, officer: Chief Financial Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera director, officer: Chief Executive Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc 10 percent owner C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065