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EQD.WS (Equity Distribution Acquisition) Asset Turnover : 0.00 (As of Jun. 2022)


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What is Equity Distribution 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. Equity Distribution Acquisition's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. Equity Distribution Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $414.80 Mil. Therefore, Equity Distribution Acquisition's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Equity Distribution Acquisition's annualized ROE % for the quarter that ended in Jun. 2022 was 6.50%. It is also linked to ROA % through Du Pont Formula. Equity Distribution Acquisition's annualized ROA % for the quarter that ended in Jun. 2022 was 6.16%.


Equity Distribution Acquisition Asset Turnover Historical Data

The historical data trend for Equity Distribution 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.

Equity Distribution Acquisition Asset Turnover Chart

Equity Distribution Acquisition Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Equity Distribution Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Equity Distribution Acquisition's Asset Turnover

For the Shell Companies subindustry, Equity Distribution 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.


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

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

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



Equity Distribution Acquisition Asset Turnover Calculation

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

Equity Distribution 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/( (415.263+414.838)/ 2 )
=0/415.0505
=0.00

Equity Distribution Acquisition's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=0/( (414.702+414.902)/ 2 )
=0/414.802
=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.


Equity Distribution Acquisition  (NYSE:EQD.WS) Asset Turnover Explanation

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

Equity Distribution Acquisition's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=25.564/393.3265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25.564 / 0)*(0 / 414.802)*(414.802/ 393.3265)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0546
=ROA %*Equity Multiplier
=6.16 %*1.0546
=6.50 %

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

Equity Distribution Acquisition's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=25.564/414.802
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.564 / 0)*(0 / 414.802)
=Net Margin %*Asset Turnover
= %*0
=6.16 %

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


Equity Distribution Acquisition Asset Turnover Related Terms

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Equity Distribution Acquisition Business Description

Traded in Other Exchanges
N/A
Address
Two North Riverside Plaza, Suite 600, Chicago, IL, USA, 60606
Equity Distribution Acquisition Corp is a special purpose acquisition company formed for the purpose of effecting a merger, asset acquisition, stock exchange or purchase, reorganization, or a combination thereof with one or more businesses.