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FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is FoxWayne Enterprises 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. FoxWayne Enterprises Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. FoxWayne Enterprises Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $36.24 Mil. Therefore, FoxWayne Enterprises Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. FoxWayne Enterprises Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was -4.80%. It is also linked to ROA % through Du Pont Formula. FoxWayne Enterprises Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was -4.15%.


FoxWayne Enterprises Acquisition Asset Turnover Historical Data

The historical data trend for FoxWayne Enterprises 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.

FoxWayne Enterprises Acquisition Asset Turnover Chart

FoxWayne Enterprises Acquisition Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

FoxWayne Enterprises Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of FoxWayne Enterprises Acquisition's Asset Turnover

For the Shell Companies subindustry, FoxWayne Enterprises 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.


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

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

* The bar in red indicates where FoxWayne Enterprises Acquisition's Asset Turnover falls into.



FoxWayne Enterprises Acquisition Asset Turnover Calculation

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

FoxWayne Enterprises 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/( (0.153+58.146)/ 2 )
=0/29.1495
=0.00

FoxWayne Enterprises Acquisition'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/( (58.514+13.965)/ 2 )
=0/36.2395
=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.


FoxWayne Enterprises Acquisition  (NAS:FOXWU) Asset Turnover Explanation

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

FoxWayne Enterprises Acquisition's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-1.504/31.3165
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.504 / 0)*(0 / 36.2395)*(36.2395/ 31.3165)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1572
=ROA %*Equity Multiplier
=-4.15 %*1.1572
=-4.80 %

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:

FoxWayne Enterprises Acquisition's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-1.504/36.2395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.504 / 0)*(0 / 36.2395)
=Net Margin %*Asset Turnover
= %*0
=-4.15 %

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.


FoxWayne Enterprises Acquisition Asset Turnover Related Terms

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FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, Suite 1039, New York, NY, USA, 10020
FoxWayne Enterprises Acquisition Corp is a blank check company.
Executives
Robb Knie director, officer: Chairman and CEO C/O INVENTERGY GLOBAL, INC., 900 EAST HAMILTON AVENUE SUITE 180, CAMPBELL CA 95008
Jonathan Hale Zippin director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Foxwayne Enterprises Acquisition Sponsor Llc director, 10 percent owner, officer: Chairman and CEO 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Michael Reavey director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Sundeep Agrawal director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Jeff Pavell director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020

FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) Headlines