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Landcadia Holdings IV (Landcadia Holdings IV) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Landcadia Holdings IV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Landcadia Holdings IV's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Landcadia Holdings IV's Total Assets for the quarter that ended in Sep. 2023 was $12.70 Mil. Therefore, Landcadia Holdings IV's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Landcadia Holdings IV's annualized ROE % for the quarter that ended in Sep. 2023 was 13.12%. It is also linked to ROA % through Du Pont Formula. Landcadia Holdings IV's annualized ROA % for the quarter that ended in Sep. 2023 was 6.87%.


Landcadia Holdings IV Asset Turnover Historical Data

The historical data trend for Landcadia Holdings IV'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.

Landcadia Holdings IV Asset Turnover Chart

Landcadia Holdings IV Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Landcadia Holdings IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Landcadia Holdings IV's Asset Turnover

For the Shell Companies subindustry, Landcadia Holdings IV'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.


Landcadia Holdings IV's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Landcadia Holdings IV's Asset Turnover falls into.



Landcadia Holdings IV Asset Turnover Calculation

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

Landcadia Holdings IV'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/( (501.117+15.606)/ 2 )
=0/258.3615
=0.00

Landcadia Holdings IV's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (14.071+11.321)/ 2 )
=0/12.696
=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.


Landcadia Holdings IV  (NAS:LCAHU) Asset Turnover Explanation

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

Landcadia Holdings IV's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0.872/6.645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.872 / 0)*(0 / 12.696)*(12.696/ 6.645)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.9106
=ROA %*Equity Multiplier
=6.87 %*1.9106
=13.12 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Landcadia Holdings IV's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0.872/12.696
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.872 / 0)*(0 / 12.696)
=Net Margin %*Asset Turnover
= %*0
=6.87 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Landcadia Holdings IV Asset Turnover Related Terms

Thank you for viewing the detailed overview of Landcadia Holdings IV's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Landcadia Holdings IV (Landcadia Holdings IV) Business Description

Traded in Other Exchanges
Address
1510 West Loop South, Houston, TX, USA, 77027
Website
Landcadia Holdings IV Inc is a blank check company.
Executives
Michael S Chadwick director 3100 JP MORGAN CHASE TOWER, HOUSTON TX 77002
Nicholas Daraviras officer: Vice President, Acquisitions 520 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jefferies Financial Group Inc. director, 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Tilman J Fertitta 10 percent owner LANDRYS SEAFOOD RESTAURANTS INC, 1400 POST OAK BLVD STE 1010, HOUSTON TX 77056
Steven L Scheinthal officer: VP, GC and Secretary 1510 W LOOP S, STE 800, HOUSTON TX 77027
Rick Liem officer: VP and Chief Financial Officer 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Richard B Handler director, officer: President C/O JEFFERIES LLC, 520 MADISON AVE., NEW YORK NY 10022
Scott Joseph Kelly director 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Dona Cornell director 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Tjf, Llc 10 percent owner 1510 WEST LOOP SOUTH, HOUSTON TX 77027

Landcadia Holdings IV (Landcadia Holdings IV) Headlines

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