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Inflection Point Acquisition (Inflection Point Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Inflection Point 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. Inflection Point Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Inflection Point Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $331.53 Mil. Therefore, Inflection Point 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. Inflection Point Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was -0.65%. It is also linked to ROA % through Du Pont Formula. Inflection Point Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was -0.63%.


Inflection Point Acquisition Asset Turnover Historical Data

The historical data trend for Inflection Point 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.

Inflection Point Acquisition Asset Turnover Chart

Inflection Point Acquisition Annual Data
Trend Dec21
Asset Turnover
-

Inflection Point Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Inflection Point Acquisition's Asset Turnover

For the Shell Companies subindustry, Inflection Point 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.


Inflection Point Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Inflection Point Acquisition's Asset Turnover falls into.



Inflection Point Acquisition Asset Turnover Calculation

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

Inflection Point Acquisition's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
=

Inflection Point 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/( (330.844+332.22)/ 2 )
=0/331.532
=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.


Inflection Point Acquisition  (NAS:IPAX) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-2.084/318.4665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.084 / 0)*(0 / 331.532)*(331.532/ 318.4665)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.041
=ROA %*Equity Multiplier
=-0.63 %*1.041
=-0.65 %

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:

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

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-2.084/331.532
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.084 / 0)*(0 / 331.532)
=Net Margin %*Asset Turnover
= %*0
=-0.63 %

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.


Inflection Point Acquisition Asset Turnover Related Terms

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Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
34 East 51st Street, 5th Floor, New York, NY, USA, 10022
Inflection Point Acquisition Corp is a blank check company.
Executives
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc director, other: See Remarks 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p. director, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner, other: See Remarks 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc 10 percent owner, other: See Remarks 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc 10 percent owner, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz director, officer: Chief Financial Officer P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian director 201 EAST 21ST STREET, NEW YORK NY 10010

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