GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Focus Impact Acquisition Corp (NAS:FIAC) » Definitions » Asset Turnover

Focus Impact Acquisition (Focus Impact Acquisition) Asset Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Focus Impact 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. Focus Impact Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Focus Impact Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $40.99 Mil. Therefore, Focus Impact Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Focus Impact Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was -104.19%. It is also linked to ROA % through Du Pont Formula. Focus Impact Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -21.80%.


Focus Impact Acquisition Asset Turnover Historical Data

The historical data trend for Focus Impact 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.

Focus Impact Acquisition Asset Turnover Chart

Focus Impact Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Focus Impact Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Focus Impact Acquisition's Asset Turnover

For the Shell Companies subindustry, Focus Impact 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.


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

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

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



Focus Impact Acquisition Asset Turnover Calculation

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

Focus Impact Acquisition'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 )
=0/( (238.831+62.736)/ 2 )
=0/150.7835
=0.00

Focus Impact Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (62.736+19.248)/ 2 )
=0/40.992
=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.


Focus Impact Acquisition  (NAS:FIAC) Asset Turnover Explanation

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

Focus Impact Acquisition's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-8.936/8.577
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.936 / 0)*(0 / 40.992)*(40.992/ 8.577)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*4.7793
=ROA %*Equity Multiplier
=-21.80 %*4.7793
=-104.19 %

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

Focus Impact Acquisition's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-8.936/40.992
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.936 / 0)*(0 / 40.992)
=Net Margin %*Asset Turnover
= %*0
=-21.80 %

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


Focus Impact Acquisition Asset Turnover Related Terms

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


Focus Impact Acquisition (Focus Impact Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
250 Park Avenue, Suite 911, New York, NY, USA, 10177
Focus Impact Acquisition Corp is a blank check company.
Executives
D'angela Simms director 40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Westley Moore director, other: Chairman 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Wray T Thorn officer: Chief Investment Officer 63 WEST 17TH STREET, NEW YORK NY 10011
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Troy L Carter director 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Focus Impact Sponsor, Llc director, 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Carl Stanton officer: Chief Executive Officer C/O FOCUS IMPACT, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Ernest D Lyles officer: Chief Financial Officer C/O FOCUS IMPACT, 250 PARK AVENUE, SUITE 911, NEW YORK NY 10177
Howard L Sanders director C/O FOCUS IMPACT, 250 PARK AVENUE, SUITE 911, NEW YORK NY 10177