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Genesis Unicorn Capital (Genesis Unicorn Capital) Asset Turnover : 0.00 (As of Mar. 2023)


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What is Genesis Unicorn 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. Genesis Unicorn Capital's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Genesis Unicorn Capital's Total Assets for the quarter that ended in Mar. 2023 was $73.12 Mil. Therefore, Genesis Unicorn Capital's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Genesis Unicorn Capital's annualized ROE % for the quarter that ended in Mar. 2023 was -2.96%. It is also linked to ROA % through Du Pont Formula. Genesis Unicorn Capital's annualized ROA % for the quarter that ended in Mar. 2023 was -2.77%.


Genesis Unicorn Capital Asset Turnover Historical Data

The historical data trend for Genesis Unicorn 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.

Genesis Unicorn Capital Asset Turnover Chart

Genesis Unicorn Capital Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

Genesis Unicorn Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Genesis Unicorn Capital's Asset Turnover

For the Shell Companies subindustry, Genesis Unicorn 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.


Genesis Unicorn Capital's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Genesis Unicorn Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Genesis Unicorn Capital's Asset Turnover falls into.



Genesis Unicorn Capital Asset Turnover Calculation

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

Genesis Unicorn Capital'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: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (0.182+89.099)/ 2 )
=0/44.6405
=0.00

Genesis Unicorn Capital's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (89.099+57.137)/ 2 )
=0/73.118
=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.


Genesis Unicorn Capital  (NAS:GENQ) Asset Turnover Explanation

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

Genesis Unicorn Capital's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-2.028/68.53
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.028 / 0)*(0 / 73.118)*(73.118/ 68.53)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0669
=ROA %*Equity Multiplier
=-2.77 %*1.0669
=-2.96 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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:

Genesis Unicorn Capital's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-2.028/73.118
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.028 / 0)*(0 / 73.118)
=Net Margin %*Asset Turnover
= %*0
=-2.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


Genesis Unicorn Capital Asset Turnover Related Terms

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Genesis Unicorn Capital (Genesis Unicorn Capital) Business Description

Traded in Other Exchanges
N/A
Address
281 Witherspoon Stree, Suite 120, Princeton, NJ, USA, 08540
Website
Genesis Unicorn Capital Corp is a blank check company.
Executives
Adeoye Y Olukotun officer: Chief Executive Officer 3621 SOUTH STATE ST, 695 KMS PL, ANN ARBOR MI 48108
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Juan Fernandez Pascual officer: Chief Operating Officer URBANIZATION LA SIERRA, 28 39110, SOTO DE LA MARINA U3 87670
Chung Fan Cheng director 16G, TOWER 1, TWIN PEAKS, 9 CHI SHIN STREET, TSEUNG KWAN O K3 00000
Samuel Lui director, 10 percent owner, officer: Chairman, President, CFO 7/F UNIT B, TOWER 5,RESIDENCE BEL-AIR, PHASE 1, 28 BEL-AIR AVENUE, POKFULAM K3 00000
Ernest Fong director 80 RAFFLES PLACE, # 37-02, UOB, PLAZA 1, S048624 U0 069541
Niel Starksen officer: Chief Scientific Officer 12119 EDGECLIFF PLACE, LOS ALTOS HILLS CA 94022
Genesis Unicorn Capital, Llc 10 percent owner 281 WITHERSPOON STREET, SUITE 120, PRINCETON NJ 08540