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JPMorgan Private Equity (LSE:JPEZ) Asset Turnover : -0.06 (As of Dec. 2023)


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What is JPMorgan Private Equity Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JPMorgan Private Equity's Revenue for the six months ended in Dec. 2023 was £-1.67 Mil. JPMorgan Private Equity's Total Assets for the quarter that ended in Dec. 2023 was £29.58 Mil. Therefore, JPMorgan Private Equity's Asset Turnover for the quarter that ended in Dec. 2023 was -0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. JPMorgan Private Equity's annualized ROE % for the quarter that ended in Dec. 2023 was -15.88%. It is also linked to ROA % through Du Pont Formula. JPMorgan Private Equity's annualized ROA % for the quarter that ended in Dec. 2023 was -15.67%.


JPMorgan Private Equity Asset Turnover Historical Data

The historical data trend for JPMorgan Private Equity'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.

JPMorgan Private Equity Asset Turnover Chart

JPMorgan Private Equity Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.03 0.18 -0.09 -0.04

JPMorgan Private Equity Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.03 0.01 -0.06 -0.06

Competitive Comparison of JPMorgan Private Equity's Asset Turnover

For the Asset Management subindustry, JPMorgan Private Equity'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.


JPMorgan Private Equity's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Private Equity's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JPMorgan Private Equity's Asset Turnover falls into.



JPMorgan Private Equity Asset Turnover Calculation

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

JPMorgan Private Equity's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-1.658/( (43.615+33.14)/ 2 )
=-1.658/38.3775
=-0.04

JPMorgan Private Equity's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.674/( (33.14+26.022)/ 2 )
=-1.674/29.581
=-0.06

* 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.


JPMorgan Private Equity  (LSE:JPEZ) Asset Turnover Explanation

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

JPMorgan Private Equity's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-4.634/29.178
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.634 / -3.348)*(-3.348 / 29.581)*(29.581/ 29.178)
=Net Margin %*Asset Turnover*Equity Multiplier
=138.41 %*-0.1132*1.0138
=ROA %*Equity Multiplier
=-15.67 %*1.0138
=-15.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

JPMorgan Private Equity's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-4.634/29.581
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.634 / -3.348)*(-3.348 / 29.581)
=Net Margin %*Asset Turnover
=138.41 %*-0.1132
=-15.67 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


JPMorgan Private Equity Asset Turnover Related Terms

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JPMorgan Private Equity (LSE:JPEZ) Business Description

Traded in Other Exchanges
Address
Ground Floor, Cambridge House, Le Truchot, Saint Peter Port, GGY, GY1 1WD
JPEL Private Equity Ltd is a Guernsey registered closed-ended investment company. Its principal activity is to invest in private equity funds, unquoted and public companies, and subsidiaries. The company's investment objective is to achieve both short-term and long-term capital appreciation by investing in a well-diversified portfolio of private equity interests and by capitalizing on the inefficiencies of the global secondary private equity market. It pursues various strategies such as acquiring secondary portfolios of direct investments and investing partnership investments to accelerate NAV development; investing in buyout, venture capital, and special situations funds.

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