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Fortress Value Acquisition IV (Fortress Value Acquisition IV) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Fortress Value Acquisition IV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fortress Value Acquisition IV's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Fortress Value Acquisition IV's Total Assets for the quarter that ended in Sep. 2022 was $653.57 Mil. Therefore, Fortress Value Acquisition IV's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Fortress Value Acquisition IV's annualized ROE % for the quarter that ended in Sep. 2022 was 1.39%. It is also linked to ROA % through Du Pont Formula. Fortress Value Acquisition IV's annualized ROA % for the quarter that ended in Sep. 2022 was 1.33%.


Fortress Value Acquisition IV Asset Turnover Historical Data

The historical data trend for Fortress Value Acquisition IV'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.

Fortress Value Acquisition IV Asset Turnover Chart

Fortress Value Acquisition IV Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Fortress Value Acquisition IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Fortress Value Acquisition IV's Asset Turnover

For the Shell Companies subindustry, Fortress Value Acquisition IV'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.


Fortress Value Acquisition IV's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Fortress Value Acquisition IV's Asset Turnover falls into.



Fortress Value Acquisition IV Asset Turnover Calculation

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

Fortress Value Acquisition IV'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/( (0.088+652.182)/ 2 )
=0/326.135
=0.00

Fortress Value Acquisition IV'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/( (652.343+654.806)/ 2 )
=0/653.5745
=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.


Fortress Value Acquisition IV  (NYSE:FVIV) Asset Turnover Explanation

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

Fortress Value Acquisition IV's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=8.696/627.152
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.696 / 0)*(0 / 653.5745)*(653.5745/ 627.152)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0421
=ROA %*Equity Multiplier
=1.33 %*1.0421
=1.39 %

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:

Fortress Value Acquisition IV's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=8.696/653.5745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.696 / 0)*(0 / 653.5745)
=Net Margin %*Asset Turnover
= %*0
=1.33 %

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.


Fortress Value Acquisition IV Asset Turnover Related Terms

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Fortress Value Acquisition IV (Fortress Value Acquisition IV) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Fortress Value Acquisition Corp IV is a blank check company.
Executives
Teddy B Bartley director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leilani Verge director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
David Weinreb director 13355 NOEL ROAD, SUITE 950, DALLAS TX 75240
Andrew A. Mcknight director ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Joshua A Pack director, officer: Chief Executive Officer C/O FIG LLC, 10250 CONSTELLATION BLVD., SUITE 1600, LOS ANGELES CA 90067
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Micah B Kaplan officer: Chief Operating Officer C/O FORTRESS INVESTMENT GROUP, LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander P Gillette officer: General Counsel and Secretary C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Marc Furstein director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leslee Cowen director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Value Acquisition Sponsor Iv Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Claudio Reyna director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105

Fortress Value Acquisition IV (Fortress Value Acquisition IV) Headlines