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DHB Capital (DHB Capital) Asset Turnover : 0.00 (As of Sep. 2022)


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What is DHB Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DHB Capital's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. DHB Capital's Total Assets for the quarter that ended in Sep. 2022 was $288.96 Mil. Therefore, DHB Capital's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. DHB Capital's annualized ROE % for the quarter that ended in Sep. 2022 was 2.60%. It is also linked to ROA % through Du Pont Formula. DHB Capital's annualized ROA % for the quarter that ended in Sep. 2022 was 2.47%.


DHB Capital Asset Turnover Historical Data

The historical data trend for DHB Capital'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.

DHB Capital Asset Turnover Chart

DHB Capital Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

DHB Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of DHB Capital's Asset Turnover

For the Shell Companies subindustry, DHB Capital'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.


DHB Capital's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where DHB Capital's Asset Turnover falls into.



DHB Capital Asset Turnover Calculation

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

DHB Capital'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/( (0.043+288.238)/ 2 )
=0/144.1405
=0.00

DHB Capital'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/( (288.399+289.52)/ 2 )
=0/288.9595
=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.


DHB Capital  (NAS:DHBC) Asset Turnover Explanation

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

DHB Capital's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=7.144/275.147
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.144 / 0)*(0 / 288.9595)*(288.9595/ 275.147)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0502
=ROA %*Equity Multiplier
=2.47 %*1.0502
=2.60 %

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:

DHB Capital's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=7.144/288.9595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.144 / 0)*(0 / 288.9595)
=Net Margin %*Asset Turnover
= %*0
=2.47 %

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.


DHB Capital Asset Turnover Related Terms

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DHB Capital (DHB Capital) Business Description

Traded in Other Exchanges
N/A
Address
5 Brewster Street, Suite 2105, Glen Cove, NY, USA, 11542
DHB Capital Corp is a blank check company.
Executives
R Eugene Taylor director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255
Richard M Demartini director, 10 percent owner, officer: Co-Executive Chairman BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019
Hurst Robert J/ny director, 10 percent owner, officer: Co-Executive Chairman C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Alex J. Binderow director, 10 percent owner, officer: CEO and President C/O CRESTVIEW ADVISORS, L.L.C., 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Vinay Nair director 250 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019-7599
Dhb Capital Llc 10 percent owner 200 CHAMBERS STREET, APARTMENT 27B, NEW YORK NY 10007
Sharon French director 5 BREWSTER STREET #2105, GLEN COVE NY 11542