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Gesher I Acquisition (Gesher I Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Gesher I 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. Gesher I Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Gesher I Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $117.05 Mil. Therefore, Gesher I Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Gesher I Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was -2.21%. It is also linked to ROA % through Du Pont Formula. Gesher I Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was -2.09%.


Gesher I Acquisition Asset Turnover Historical Data

The historical data trend for Gesher I 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.

Gesher I Acquisition Asset Turnover Chart

Gesher I Acquisition Annual Data
Trend Sep22
Asset Turnover
-

Gesher I Acquisition Quarterly Data
Feb21 Jun21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Gesher I Acquisition's Asset Turnover

For the Shell Companies subindustry, Gesher I 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.


Gesher I Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Gesher I Acquisition's Asset Turnover falls into.



Gesher I Acquisition Asset Turnover Calculation

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

Gesher I Acquisition's Asset Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2022 )/( (Total Assets (A: . 20 )+Total Assets (A: Sep. 2022 ))/ count )
=/( (+)/ )
=/
=

Gesher I Acquisition'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/( (116.849+117.244)/ 2 )
=0/117.0465
=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.


Gesher I Acquisition  (NAS:GIAC) Asset Turnover Explanation

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

Gesher I Acquisition's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-2.444/110.3995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.444 / 0)*(0 / 117.0465)*(117.0465/ 110.3995)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0602
=ROA %*Equity Multiplier
=-2.09 %*1.0602
=-2.21 %

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:

Gesher I Acquisition's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-2.444/117.0465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.444 / 0)*(0 / 117.0465)
=Net Margin %*Asset Turnover
= %*0
=-2.09 %

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.


Gesher I Acquisition Asset Turnover Related Terms

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Gesher I Acquisition (Gesher I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR
Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.
Executives
Noah G. Levy director 60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev director C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner director, 10 percent owner, officer: Chief Executive Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc 10 percent owner HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward officer: Chief Financial Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni director, 10 percent owner, officer: Chief Operating Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925

Gesher I Acquisition (Gesher I Acquisition) Headlines

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