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Jack Creek Investment (Jack Creek Investment) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Jack Creek 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. Jack Creek Investment's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Jack Creek Investment's Total Assets for the quarter that ended in Sep. 2022 was $346.50 Mil. Therefore, Jack Creek Investment's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Jack Creek Investment's annualized ROE % for the quarter that ended in Sep. 2022 was -7.70%. It is also linked to ROA % through Du Pont Formula. Jack Creek Investment's annualized ROA % for the quarter that ended in Sep. 2022 was -7.23%.


Jack Creek Investment Asset Turnover Historical Data

The historical data trend for Jack Creek 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.

Jack Creek Investment Asset Turnover Chart

Jack Creek Investment Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Jack Creek Investment Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Jack Creek Investment's Asset Turnover

For the Shell Companies subindustry, Jack Creek 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.


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

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

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



Jack Creek Investment Asset Turnover Calculation

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

Jack Creek Investment'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: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0.482+345.585)/ 2 )
=0/173.0335
=0.00

Jack Creek Investment'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/( (345.677+347.323)/ 2 )
=0/346.5
=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.


Jack Creek Investment  (NAS:JCIC) Asset Turnover Explanation

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

Jack Creek Investment's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-25.052/325.3755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.052 / 0)*(0 / 346.5)*(346.5/ 325.3755)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0649
=ROA %*Equity Multiplier
=-7.23 %*1.0649
=-7.70 %

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:

Jack Creek Investment's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-25.052/346.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.052 / 0)*(0 / 346.5)
=Net Margin %*Asset Turnover
= %*0
=-7.23 %

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.


Jack Creek Investment Asset Turnover Related Terms

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Jack Creek Investment (Jack Creek Investment) Business Description

Traded in Other Exchanges
N/A
Address
386 Park Avenue South, Floor 20, New York, NY, USA, 10016
Website
Jack Creek Investment Corp is a blank check company.
Executives
Richard A Noll director 1000 EAST HANES MILL ROAD, C/O HANESBRANDS INC., WINSTON SALEM NC 27105
Samir Kaul director C/O KHOSLA VENTURES, 2128 SAND HILL ROAD, MENLO PARK CA 94025
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Savage Robert F Jr officer: Chief Executive Officer
James H Clark officer: Chief Technology Officer C/O MYCFO INC, PO BOX 10196, PALO ALTO CA 94303
Jcic Sponsor Llc director, 10 percent owner, officer: See Remarks 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Lauren D Ores officer: Chief Financial Officer 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Heather Hartnett director 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Thomas Jermoluk director 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp other: Manager 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016

Jack Creek Investment (Jack Creek Investment) Headlines

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