LITTW (Logistics Innovation Technologies) Asset Turnover: 0.00 (As of Mar. 2023)

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LITTW Logistics Innovation Technologies Corp LITTW
20 GF Score
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What is Logistics Innovation Technologies Asset Turnover?

Logistics Innovation Technologies LITTW 20 Asset Turnover is 0.00 as of Mar. 2023. GuruFocus rates LITTW with a GF Score™ of 20/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Logistics Innovation Technologies's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Logistics Innovation Technologies's Total Assets for the quarter that ended in Mar. 2023 was $347.20 Mil. Therefore, Logistics Innovation Technologies's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Logistics Innovation Technologies's annualized ROE % for the quarter that ended in Mar. 2023 was 1.54%. It is also linked to ROA % through Du Pont Formula. Logistics Innovation Technologies's annualized ROA % for the quarter that ended in Mar. 2023 was 1.47%.


Logistics Innovation Technologies  (NAS:LITTW) Asset Turnover Explanation

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

Logistics Innovation Technologies's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=5.108/332.7045
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.108 / 0)*(0 / 347.1955)*(347.1955/ 332.7045)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0436
=ROA %*Equity Multiplier
=1.47 %*1.0436
=1.54 %

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

Logistics Innovation Technologies's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=5.108/347.1955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.108 / 0)*(0 / 347.1955)
=Net Margin %*Asset Turnover
= %*0
=1.47 %

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


Logistics Innovation Technologies Asset Turnover Related Terms


Logistics Innovation Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Logistics Innovation Technologies'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.

Logistics Innovation Technologies Asset Turnover Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Asset Turnover
0.00 0.00

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

LITTW vs CFVI, TWND, SUAC: Asset Turnover Comparison

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies Asset Turnover vs Diversified Financial Services Industry

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

* The bar in red indicates where Logistics Innovation Technologies's Asset Turnover falls into.


LITTW
20GF Score
Logistics Innovation Technologies Corp LITTW
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Logistics Innovation Technologies Asset Turnover Calculation

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

Logistics Innovation Technologies'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/( (342.521+345.499)/ 2 )
=0/344.01
=0.00

Logistics Innovation Technologies's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (345.499+348.892)/ 2 )
=0/347.1955
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Logistics Innovation Technologies (LITTW) has a Asset Turnover of 0.00 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Logistics Innovation Technologies and its competitors.
Is Logistics Innovation Technologies' Asset Turnover too high?
Logistics Innovation Technologies' current Asset Turnover is 0.00. Overall, Logistics Innovation Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Logistics Innovation Technologies' Asset Turnover compare to CFVI and TWND?
Logistics Innovation Technologies' Asset Turnover of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Diversified Financial Services company?
A good Asset Turnover depends on the Diversified Financial Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Logistics Innovation Technologies and its competitors. Logistics Innovation Technologies's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logistics Innovation Technologies stock overvalued right now?
Logistics Innovation Technologies (LITTW) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Logistics Innovation Technologies' overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Logistics Innovation Technologies (LITTW), the current Asset Turnover is 0.00 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Logistics Innovation Technologies Business Description

Address 3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Logistics Innovation Technologies Corp is a blank check company.
20GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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