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Globalink Investment (Globalink Investment) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Globalink Investment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Globalink Investment's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Globalink Investment's Total Assets for the quarter that ended in Mar. 2024 was $29.03 Mil. Therefore, Globalink Investment's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Globalink Investment's annualized ROE % for the quarter that ended in Mar. 2024 was -7.32%. It is also linked to ROA % through Du Pont Formula. Globalink Investment's annualized ROA % for the quarter that ended in Mar. 2024 was -5.17%.


Globalink Investment Asset Turnover Historical Data

The historical data trend for Globalink Investment'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.

Globalink Investment Asset Turnover Chart

Globalink Investment Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Globalink Investment Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Globalink Investment's Asset Turnover

For the Shell Companies subindustry, Globalink Investment'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.


Globalink Investment's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Globalink Investment's Asset Turnover falls into.



Globalink Investment Asset Turnover Calculation

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

Globalink Investment's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (118.698+28.873)/ 2 )
=0/73.7855
=0.00

Globalink Investment's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (28.873+29.189)/ 2 )
=0/29.031
=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.


Globalink Investment  (NAS:GLLI) Asset Turnover Explanation

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

Globalink Investment's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1.5/20.4875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.5 / 0)*(0 / 29.031)*(29.031/ 20.4875)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.417
=ROA %*Equity Multiplier
=-5.17 %*1.417
=-7.32 %

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

Globalink Investment's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-1.5/29.031
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.5 / 0)*(0 / 29.031)
=Net Margin %*Asset Turnover
= %*0
=-5.17 %

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


Globalink Investment Asset Turnover Related Terms

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Globalink Investment (Globalink Investment) Business Description

Traded in Other Exchanges
N/A
Address
1180 Avenue of the Americas, 8th Floor, New York, NY, USA, 10036
Website
Globalink Investment Inc is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Zeng Yenn Chin director, officer: Chief Financial Officer 1180 AVENUE OF AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Hong Shien Beh director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Kian Huat Lai director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Hui Liang Wong director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR,, NEW YORK NY 10036
Say Leong Lim director, officer: Director and CEO 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Ming Hang Chong director, officer: Director and CFO 27-2A, THE TAMARIND, JALAN SERI TANJUNG, PINANG 1, TANJUNG TOKONG, PENANG N8 10470

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