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Golden Falcon Acquisition (Golden Falcon Acquisition) Asset Turnover : 0.00 (As of Mar. 2023)


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What is Golden Falcon 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. Golden Falcon Acquisition's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Golden Falcon Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $42.92 Mil. Therefore, Golden Falcon Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Golden Falcon Acquisition's annualized ROE % for the quarter that ended in Mar. 2023 was -45.07%. It is also linked to ROA % through Du Pont Formula. Golden Falcon Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 was -29.91%.


Golden Falcon Acquisition Asset Turnover Historical Data

The historical data trend for Golden Falcon 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.

Golden Falcon Acquisition Asset Turnover Chart

Golden Falcon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Golden Falcon Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Golden Falcon Acquisition's Asset Turnover

For the Shell Companies subindustry, Golden Falcon 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.


Golden Falcon Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Golden Falcon Acquisition's Asset Turnover falls into.



Golden Falcon Acquisition Asset Turnover Calculation

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

Golden Falcon Acquisition'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/( (345.378+42.679)/ 2 )
=0/194.0285
=0.00

Golden Falcon Acquisition'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/( (42.679+43.158)/ 2 )
=0/42.9185
=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.


Golden Falcon Acquisition  (NYSE:GFX) Asset Turnover Explanation

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

Golden Falcon Acquisition's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-12.836/28.4805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.836 / 0)*(0 / 42.9185)*(42.9185/ 28.4805)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.5069
=ROA %*Equity Multiplier
=-29.91 %*1.5069
=-45.07 %

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:

Golden Falcon Acquisition's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-12.836/42.9185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12.836 / 0)*(0 / 42.9185)
=Net Margin %*Asset Turnover
= %*0
=-29.91 %

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.


Golden Falcon Acquisition Asset Turnover Related Terms

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Golden Falcon Acquisition (Golden Falcon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19711
Golden Falcon Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson 10 percent owner 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Martin Pompadur director
Scott J Freidheim director 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Eli Muraidekh director, officer: Chief Financial Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Basnage De Beauval John M. officer: General Counsel and Secretary C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Xavier R. Rolet director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Mikael Breuer-weil director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Dominique D'hinnin director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Isabelle Amiel Azoulai director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Golden Falcon Sponsor Group, Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Makram Azar director, officer: Chief Executive Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711

Golden Falcon Acquisition (Golden Falcon Acquisition) Headlines

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