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Fat Projects Acquisition (Fat Projects Acquisition) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Fat Projects 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. Fat Projects Acquisition's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Fat Projects Acquisition's Total Assets for the quarter that ended in Jun. 2023 was $31.10 Mil. Therefore, Fat Projects Acquisition's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Fat Projects Acquisition's annualized ROE % for the quarter that ended in Jun. 2023 was -9.96%. It is also linked to ROA % through Du Pont Formula. Fat Projects Acquisition's annualized ROA % for the quarter that ended in Jun. 2023 was -7.69%.


Fat Projects Acquisition Asset Turnover Historical Data

The historical data trend for Fat Projects 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.

Fat Projects Acquisition Asset Turnover Chart

Fat Projects Acquisition Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

Fat Projects Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Fat Projects Acquisition's Asset Turnover

For the Shell Companies subindustry, Fat Projects 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.


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

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

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



Fat Projects Acquisition Asset Turnover Calculation

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

Fat Projects 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/( (116.091+116.946)/ 2 )
=0/116.5185
=0.00

Fat Projects Acquisition'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/( (56.85+5.345)/ 2 )
=0/31.0975
=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.


Fat Projects Acquisition  (NAS:FATP) Asset Turnover Explanation

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

Fat Projects Acquisition's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-2.392/24.0105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.392 / 0)*(0 / 31.0975)*(31.0975/ 24.0105)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2952
=ROA %*Equity Multiplier
=-7.69 %*1.2952
=-9.96 %

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:

Fat Projects Acquisition's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-2.392/31.0975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.392 / 0)*(0 / 31.0975)
=Net Margin %*Asset Turnover
= %*0
=-7.69 %

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.


Fat Projects Acquisition Asset Turnover Related Terms

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Fat Projects Acquisition (Fat Projects Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
27 Bukit Manis Road, Sentosa Golf Club, Singapore, SGP, 099892
Fat Projects Acquisition Corp is a blank check company.
Executives
David E Shaw 10 percent owner 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw Valence Portfolios, L.l.c. 10 percent owner 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p. 10 percent owner 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Fat Projects International Investments & Holdings Ltd 10 percent owner 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Fat Projects Spac Pte. Ltd. 10 percent owner 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Stan Sugarman director 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Tristan Lo director, 10 percent owner, officer: Co-Chief Executive Officer 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Tina Wyer director 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Nils Michaelis officer: President, COO, Head of M&A 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Samir Addamine director 27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892

Fat Projects Acquisition (Fat Projects Acquisition) Headlines

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