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Crucible Acquisition (Crucible Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Crucible 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. Crucible Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Crucible Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $260.47 Mil. Therefore, Crucible Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Crucible Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was 3.39%. It is also linked to ROA % through Du Pont Formula. Crucible Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 3.22%.


Crucible Acquisition Asset Turnover Historical Data

The historical data trend for Crucible 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.

Crucible Acquisition Asset Turnover Chart

Crucible Acquisition Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Crucible Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Crucible Acquisition's Asset Turnover

For the Shell Companies subindustry, Crucible 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.


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

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

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



Crucible Acquisition Asset Turnover Calculation

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

Crucible Acquisition'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/( (0.293+259.228)/ 2 )
=0/129.7605
=0.00

Crucible Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (260.023+260.907)/ 2 )
=0/260.465
=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.


Crucible Acquisition  (NYSE:CRU) Asset Turnover Explanation

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

Crucible Acquisition's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=8.38/246.9925
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.38 / 0)*(0 / 260.465)*(260.465/ 246.9925)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0545
=ROA %*Equity Multiplier
=3.22 %*1.0545
=3.39 %

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

Crucible Acquisition's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=8.38/260.465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.38 / 0)*(0 / 260.465)
=Net Margin %*Asset Turnover
= %*0
=3.22 %

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


Crucible Acquisition Asset Turnover Related Terms

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Crucible Acquisition (Crucible Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
645 Walnut Street, Boulder, CO, USA, 80302
Crucible Acquisition Corp is a blank check company.
Executives
Sara Baack director ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld director, officer: Chairman of the Board C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p. director, 10 percent owner 645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc director, 10 percent owner 1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal director, officer: Chief Executive Officer 3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido director 175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc director, 10 percent owner 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks director C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch officer: Chief Administrative Officer C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302