GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LDH Growth Corp I (NAS:LDHAU) » Definitions » Asset Turnover

LDHAU (LDH Growth I) Asset Turnover : 0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is LDH Growth I Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LDH Growth I's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. LDH Growth I's Total Assets for the quarter that ended in Sep. 2022 was $231.94 Mil. Therefore, LDH Growth I's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LDH Growth I's annualized ROE % for the quarter that ended in Sep. 2022 was 5.34%. It is also linked to ROA % through Du Pont Formula. LDH Growth I's annualized ROA % for the quarter that ended in Sep. 2022 was 5.13%.


LDH Growth I Asset Turnover Historical Data

The historical data trend for LDH Growth I'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.

LDH Growth I Asset Turnover Chart

LDH Growth I Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

LDH Growth I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of LDH Growth I's Asset Turnover

For the Shell Companies subindustry, LDH Growth I'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.


LDH Growth I's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where LDH Growth I's Asset Turnover falls into.


;
;

LDH Growth I Asset Turnover Calculation

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

LDH Growth I'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/( (0.138+231.986)/ 2 )
=0/116.062
=0.00

LDH Growth I'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/( (231.575+232.31)/ 2 )
=0/231.9425
=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.


LDH Growth I  (NAS:LDHAU) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=11.888/222.443
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.888 / 0)*(0 / 231.9425)*(231.9425/ 222.443)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0427
=ROA %*Equity Multiplier
=5.13 %*1.0427
=5.34 %

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:

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

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=11.888/231.9425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.888 / 0)*(0 / 231.9425)
=Net Margin %*Asset Turnover
= %*0
=5.13 %

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.


LDH Growth I Asset Turnover Related Terms

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


LDH Growth I Business Description

Traded in Other Exchanges
N/A
Address
200 S. Biscayne Boulevard, 19th Floor, Miami, FL, USA, 33131
LDH Growth Corp I is a blank check company.
Executives
Alex Clavel director, officer: Managing Partner PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alexander Fortmuller officer: Head of Corporate Development 1 CIRCLE STAR WAY, SAN CARLOS CA 94070
Michel Combes director, officer: President 101 WEST 24TH STREET, NEW YORK NY 10011
Raul Marcelo Claure director, officer: CEO 2010 NW 84 AVENUE, MIAMI FL 33122
Michelle C. Kerrick director C/O AMERICAN HOMES 4 RENT (LEGAL DEPT), 280 PILOT ROAD, LAS VEGAS NV 89119
Ldh Sponsor Llc 10 percent owner 600 BRICKELL AVENUE, SUITE 2650, MIAMI FL 33138
Annette Franqui director 811 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Patricia Wexler director 811 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Christopher Scott Cooper officer: CFO 600 BRICKELL AVENUE, SUITE 2650, MIAMI FL 33138

LDH Growth I Headlines

No Headlines