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Compute Health Acquisition (Compute Health Acquisition) Asset Turnover : 0.00 (As of Mar. 2023)


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What is Compute Health Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Compute Health Acquisition's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Compute Health Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $96.15 Mil. Therefore, Compute Health Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Compute Health Acquisition's annualized ROE % for the quarter that ended in Mar. 2023 was -66.93%. It is also linked to ROA % through Du Pont Formula. Compute Health Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 was -55.33%.


Compute Health Acquisition Asset Turnover Historical Data

The historical data trend for Compute Health Acquisition'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.

Compute Health Acquisition Asset Turnover Chart

Compute Health Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Compute Health Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Compute Health Acquisition's Asset Turnover

For the Shell Companies subindustry, Compute Health Acquisition'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.


Compute Health Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Compute Health Acquisition's Asset Turnover falls into.



Compute Health Acquisition Asset Turnover Calculation

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

Compute Health Acquisition'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/( (864.161+95.339)/ 2 )
=0/479.75
=0.00

Compute Health Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (95.339+96.96)/ 2 )
=0/96.1495
=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.


Compute Health Acquisition  (NYSE:CPUH.U) Asset Turnover Explanation

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

Compute Health Acquisition's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-53.196/79.4835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-53.196 / 0)*(0 / 96.1495)*(96.1495/ 79.4835)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2097
=ROA %*Equity Multiplier
=-55.33 %*1.2097
=-66.93 %

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

Compute Health Acquisition's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-53.196/96.1495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-53.196 / 0)*(0 / 96.1495)
=Net Margin %*Asset Turnover
= %*0
=-55.33 %

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


Compute Health Acquisition Asset Turnover Related Terms

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Compute Health Acquisition (Compute Health Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1105 North Market Street, 4th Floor, Wilmington, DE, USA, 19890
Compute Health Acquisition Corp is a blank check company.
Executives
Omar Ishrak director, 10 percent owner 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Gwendolyn A Watanabe director C/O SARATOGA VENTURES, 210 ALMENDRA AVENUE, LOS GATOS CA 95030
Joshua A Fink director, 10 percent owner 540 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michael Harsh director 3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Compute Health Sponsor Llc director, 10 percent owner 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Hani Barhoush director 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Jean Nehme director, 10 percent owner 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Compute Health Sponsor Ii Llc director, 10 percent owner 1105 N. MARKET STREET, SUITE 1300, WILIMINGTON DE 19801
Osama Alswailem director 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801

Compute Health Acquisition (Compute Health Acquisition) Headlines

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