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SeaTwirl AB (FRA:AT9) Asset Turnover : 0.00 (As of Sep. 2024)


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What is SeaTwirl AB Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SeaTwirl AB's Revenue for the three months ended in Sep. 2024 was €0.00 Mil. SeaTwirl AB's Total Assets for the quarter that ended in Sep. 2024 was €13.14 Mil. Therefore, SeaTwirl AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. SeaTwirl AB's annualized ROE % for the quarter that ended in Sep. 2024 was -13.88%. It is also linked to ROA % through Du Pont Formula. SeaTwirl AB's annualized ROA % for the quarter that ended in Sep. 2024 was -12.57%.


SeaTwirl AB Asset Turnover Historical Data

The historical data trend for SeaTwirl AB'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.

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SeaTwirl AB Asset Turnover Chart

SeaTwirl AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Dec22
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SeaTwirl AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of SeaTwirl AB's Asset Turnover

For the Specialty Industrial Machinery subindustry, SeaTwirl AB'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.


SeaTwirl AB's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SeaTwirl AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SeaTwirl AB's Asset Turnover falls into.



SeaTwirl AB Asset Turnover Calculation

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

SeaTwirl AB'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: Aug. 2020 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (3.004+9.963)/ 2 )
=0/6.4835
=0.00

SeaTwirl AB'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 )
=0/( (13.424+12.862)/ 2 )
=0/13.143
=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.


SeaTwirl AB  (FRA:AT9) Asset Turnover Explanation

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

SeaTwirl AB's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-1.652/11.9015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.652 / 0)*(0 / 13.143)*(13.143/ 11.9015)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1043
=ROA %*Equity Multiplier
=-12.57 %*1.1043
=-13.88 %

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:

SeaTwirl AB's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-1.652/13.143
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.652 / 0)*(0 / 13.143)
=Net Margin %*Asset Turnover
= %*0
=-12.57 %

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.


SeaTwirl AB Asset Turnover Related Terms

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SeaTwirl AB Business Description

Traded in Other Exchanges
Address
Erik Dahlbergsgatan 11A, Gothenburg, SWE, 41126
SeaTwirl AB is a turbine manufacturing company. It is engaged in developing a new type of floating wind turbine customized for the ocean. The company uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water's surface.

SeaTwirl AB Headlines

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