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LIV Capital Acquisition (LIV Capital Acquisition) Asset Turnover : 0.00 (As of Jun. 2021)


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What is LIV Capital 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. LIV Capital Acquisition's Revenue for the three months ended in Jun. 2021 was $0.00 Mil. LIV Capital Acquisition's Total Assets for the quarter that ended in Jun. 2021 was $81.18 Mil. Therefore, LIV Capital Acquisition's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LIV Capital Acquisition's annualized ROE % for the quarter that ended in Jun. 2021 was -28.42%. It is also linked to ROA % through Du Pont Formula. LIV Capital Acquisition's annualized ROA % for the quarter that ended in Jun. 2021 was -24.60%.


LIV Capital Acquisition Asset Turnover Historical Data

The historical data trend for LIV Capital 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.

LIV Capital Acquisition Asset Turnover Chart

LIV Capital Acquisition Annual Data
Trend Dec19 Dec20
Asset Turnover
- -

LIV Capital Acquisition Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of LIV Capital Acquisition's Asset Turnover

For the Shell Companies subindustry, LIV Capital 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.


LIV Capital Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where LIV Capital Acquisition's Asset Turnover falls into.



LIV Capital Acquisition Asset Turnover Calculation

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

LIV Capital Acquisition's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=0/( (81.088+81.258)/ 2 )
=0/81.173
=0.00

LIV Capital Acquisition's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=0/( (81.225+81.131)/ 2 )
=0/81.178
=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.


LIV Capital Acquisition  (NAS:LIVKU) Asset Turnover Explanation

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

LIV Capital Acquisition's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=-19.968/70.26
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-19.968 / 0)*(0 / 81.178)*(81.178/ 70.26)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1554
=ROA %*Equity Multiplier
=-24.60 %*1.1554
=-28.42 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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:

LIV Capital Acquisition's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=-19.968/81.178
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-19.968 / 0)*(0 / 81.178)
=Net Margin %*Asset Turnover
= %*0
=-24.60 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


LIV Capital Acquisition Asset Turnover Related Terms

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LIV Capital Acquisition (LIV Capital Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Torre Virreyes, Pedregal No. 24, Piso 6-601, Col. Molino del Rey, Mexico City, MEX, MEX, 11040
LIV Capital Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
Executives
Guillermo Gonzalez Guajardo director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Wanless Juan Marco Gutierrez director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Alvarez Alejandro J. Perez officer: Deputy CEO LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Campos Carlos Alberto Rohm director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Miguel Angel Davila director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Gamero Luis Rodrigo Clemente officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Liv Capital Acquisition Sponsor, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Alexander R. Rossi director, officer: CEO and Chairman C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Humberto Zesati director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Arroyo Jose Antonio Solano director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Liv Gp Master, S.a.p.i. De C.v. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104