GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Falcons Beyond Global Inc (NAS:FBYD) » Definitions » Asset Turnover

FBYD (Falcons Beyond Global) Asset Turnover : 0.03 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Falcons Beyond Global Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Falcons Beyond Global's Revenue for the three months ended in Sep. 2024 was $2.07 Mil. Falcons Beyond Global's Total Assets for the quarter that ended in Sep. 2024 was $66.24 Mil. Therefore, Falcons Beyond Global's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Falcons Beyond Global's annualized ROE % for the quarter that ended in Sep. 2024 was 97.05%. It is also linked to ROA % through Du Pont Formula. Falcons Beyond Global's annualized ROA % for the quarter that ended in Sep. 2024 was 35.44%.


Falcons Beyond Global Asset Turnover Historical Data

The historical data trend for Falcons Beyond Global'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.

Falcons Beyond Global Asset Turnover Chart

Falcons Beyond Global Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
0.08 0.17 0.21

Falcons Beyond Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.02 0.03 0.03

Competitive Comparison of Falcons Beyond Global's Asset Turnover

For the Conglomerates subindustry, Falcons Beyond Global'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.


Falcons Beyond Global's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Falcons Beyond Global's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Falcons Beyond Global's Asset Turnover falls into.



Falcons Beyond Global Asset Turnover Calculation

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

Falcons Beyond Global's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=18.244/( (112.27+63.359)/ 2 )
=18.244/87.8145
=0.21

Falcons Beyond Global's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2.069/( (65.93+66.55)/ 2 )
=2.069/66.24
=0.03

* 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.


Falcons Beyond Global  (NAS:FBYD) Asset Turnover Explanation

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

Falcons Beyond Global's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=23.476/24.19
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.476 / 8.276)*(8.276 / 66.24)*(66.24/ 24.19)
=Net Margin %*Asset Turnover*Equity Multiplier
=283.66 %*0.1249*2.7383
=ROA %*Equity Multiplier
=35.44 %*2.7383
=97.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Falcons Beyond Global's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=23.476/66.24
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.476 / 8.276)*(8.276 / 66.24)
=Net Margin %*Asset Turnover
=283.66 %*0.1249
=35.44 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Falcons Beyond Global Asset Turnover Related Terms

Thank you for viewing the detailed overview of Falcons Beyond Global's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Falcons Beyond Global Business Description

Traded in Other Exchanges
N/A
Address
1768 Park Center Drive, Orlando, FL, USA, 32835
Falcons Beyond Global Inc. is a Company that provides a full range of theme park design, master planning, and experiential technologies for customers in the entertainment and attraction industry through its Falcon's Creative Group reportable segment and develops and co-owns resort and theme park attractions through its Destinations Operations. The Company has five operating segments, Falcon's Creative Group, PDP, Sierra Parima, Falcon's Beyond Brands, and Destinations Operations, all of which are reportable segments. It earns the majority of the revenue from Falcon's Creative Group segment.
Executives
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Sandy Beall director 3 MINETTA STREET, NEW YORK NY 10012
William Douglas Jacob director 3 MINETTA STREET, NEW YORK NY 10012
L Scott Demerau director, officer: Exe. Chairman of the Board 5895 WINDWARD PKWY, STE 220, ALPHARETTA GA 30202
Simon J Philips director, officer: President MARVEL ENTERTAINMENT INTERNATIONAL LTD, 54 GREAT MARLBOROUGH STREET, LONDON X0 W1F 7JU
Yvette Whittaker officer: Chief Corporate Officer FALCONS BEYOND GLOBAL, INC., 6996 PIAZZA GRANDE AVENUE, SUITE 301, ORLANDO FL 32835
Joanne Merrill officer: Chief Financial Officer FALCONS BEYOND GLOBAL, INC., 6996 PIAZZA GRANDE AVENUE, SUITE 301, ORLANDO FL 32835
Cecil D. Magpuri director, officer: Chief Executive Officer FALCONS BEYOND GLOBAL, INC., 6996 PIAZZA GRANDE AVENUE, SUITE 301, ORLANDO FL 32835
David Michael Schaefer officer: Chief Development Officer FALCONS BEYOND GLOBAL, INC., 6996 PIAZZA GRANDE AVENUE, SUITE 301, ORLANDO FL 32835
Infinite Acquisitions Partners Llc 10 percent owner 3420 PUMP RD. #127, HENRICO VA 23233
Bruce A. Brown officer: EVP, GC & Corporate Secretary FALCONS BEYOND GLOBAL, INC., 6996 PIAZZA GRANDE AVENUE, SUITE 301, ORLANDO FL 32835
Garrett Schreiber 10 percent owner 3 MINETTA STREET, NEW YORK NY 10012
Fast Sponsor Ii Llc 10 percent owner 109 OLD BRANCHVILLE ROAD, RIDGEFIELD CT 06877
Fast Sponsor Ii Manager Llc 10 percent owner 109 OLD BRANCHVILLE ROAD, RIDGEFIELD CT 06877