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GECC (Great Elm Capital) Asset Turnover : 0.01 (As of Dec. 2024)


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What is Great Elm Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Great Elm Capital's Revenue for the three months ended in Dec. 2024 was $2.23 Mil. Great Elm Capital's Total Assets for the quarter that ended in Dec. 2024 was $384.53 Mil. Therefore, Great Elm Capital's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Great Elm Capital's annualized ROE % for the quarter that ended in Dec. 2024 was 5.69%. It is also linked to ROA % through Du Pont Formula. Great Elm Capital's annualized ROA % for the quarter that ended in Dec. 2024 was 1.94%.


Great Elm Capital Asset Turnover Historical Data

The historical data trend for Great Elm Capital'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.

Great Elm Capital Asset Turnover Chart

Great Elm Capital Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.02 -0.04 0.11 0.03

Great Elm Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - - 0.01 0.01

Competitive Comparison of Great Elm Capital's Asset Turnover

For the Asset Management subindustry, Great Elm Capital'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.


Great Elm Capital's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Great Elm Capital's Asset Turnover falls into.


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Great Elm Capital Asset Turnover Calculation

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

Great Elm Capital's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=8.505/( (246.825+342.028)/ 2 )
=8.505/294.4265
=0.03

Great Elm Capital's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2.228/( (427.026+342.028)/ 2 )
=2.228/384.527
=0.01

* 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.


Great Elm Capital  (NAS:GECC) Asset Turnover Explanation

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

Great Elm Capital's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=7.452/130.9695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.452 / 8.912)*(8.912 / 384.527)*(384.527/ 130.9695)
=Net Margin %*Asset Turnover*Equity Multiplier
=83.62 %*0.0232*2.936
=ROA %*Equity Multiplier
=1.94 %*2.936
=5.69 %

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

Great Elm Capital's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=7.452/384.527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.452 / 8.912)*(8.912 / 384.527)
=Net Margin %*Asset Turnover
=83.62 %*0.0232
=1.94 %

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


Great Elm Capital Asset Turnover Related Terms

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


Great Elm Capital Business Description

Traded in Other Exchanges
N/A
Address
3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL, USA, 02453
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. It generate both income and capital appreciation through debt and income-generating equity investments, including investments in finance businesses.
Executives
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Great Elm Group, Inc. 10 percent owner 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Richard M Cohen director C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Mark Kuperschmid director MAST CAPITAL MANAGEMENT, LLC, 200 CLARENDON STREET, 51ST FLOOR, BOSTON MA 02116
Matthew D Kaplan officer: CEO and President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Lenders Funding Llc /california 10 percent owner 523 A AVENUE, CORONADO CA 92118
Robert A Zadek 10 percent owner 523 A AVENUE, CORONADO CA 92118
Erik A Falk director C/O KKR ASSET MANAGEMENT LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Adam M Kleinman officer: Chief Compliance Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Michael C Speller director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453