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M3-Brigade Acquisition III (M3-Brigade Acquisition III) Asset Turnover : 0.00 (As of Jun. 2023)


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What is M3-Brigade Acquisition III Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. M3-Brigade Acquisition III's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. M3-Brigade Acquisition III's Total Assets for the quarter that ended in Jun. 2023 was $312.05 Mil. Therefore, M3-Brigade Acquisition III's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. M3-Brigade Acquisition III's annualized ROE % for the quarter that ended in Jun. 2023 was 3.65%. It is also linked to ROA % through Du Pont Formula. M3-Brigade Acquisition III's annualized ROA % for the quarter that ended in Jun. 2023 was 3.41%.


M3-Brigade Acquisition III Asset Turnover Historical Data

The historical data trend for M3-Brigade Acquisition III'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.

M3-Brigade Acquisition III Asset Turnover Chart

M3-Brigade Acquisition III Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

M3-Brigade Acquisition III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of M3-Brigade Acquisition III's Asset Turnover

For the Shell Companies subindustry, M3-Brigade Acquisition III'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.


M3-Brigade Acquisition III's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, M3-Brigade Acquisition III's Asset Turnover distribution charts can be found below:

* The bar in red indicates where M3-Brigade Acquisition III's Asset Turnover falls into.



M3-Brigade Acquisition III Asset Turnover Calculation

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

M3-Brigade Acquisition III'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/( (305.371+307.472)/ 2 )
=0/306.4215
=0.00

M3-Brigade Acquisition III's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (310.465+313.629)/ 2 )
=0/312.047
=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.


M3-Brigade Acquisition III  (NYSE:MBSC) Asset Turnover Explanation

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

M3-Brigade Acquisition III's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=10.656/292.23
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.656 / 0)*(0 / 312.047)*(312.047/ 292.23)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0678
=ROA %*Equity Multiplier
=3.41 %*1.0678
=3.65 %

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

M3-Brigade Acquisition III's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=10.656/312.047
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.656 / 0)*(0 / 312.047)
=Net Margin %*Asset Turnover
= %*0
=3.41 %

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


M3-Brigade Acquisition III Asset Turnover Related Terms

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M3-Brigade Acquisition III (M3-Brigade Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, 19th Floor, New York, NY, USA, 10019
M3-Brigade Acquisition III Corp is a blank check company.
Executives
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Mohsin Y Meghji director, 10 percent owner, officer: Executive Chairman of BOD C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
Garner Charles Hugh Farkas officer: EVP & Secretary 3 COLUMBUS CIRCLE, NEW YORK NY 10019
Frederick Arnold director CHATSWORTH ADVISORS, INC., 3 YORK ROAD, LARCHMONT NY 10538
William C Gallagher officer: Executive Vice President C/O WMIH CORP., 800 FIFTH AVENUE, SUITE 4222, SEATTLE WA 98104
Benjamin F Rattner director 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Steven Vincent director C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
Scott Charles Malpass director 1700 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Matthew Perkal officer: Chief Executive Officer C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
M3-brigade Sponsor Iii Lp 10 percent owner 1700 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Kallie Nicole Steffes officer: Executive Vice President 1700 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Christopher Chaice officer: Executive Vice President 1700 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Christopher A. Good officer: Chief Financial Officer 1700 BROADWAY, 19TH FLOOR, NEW YORK NY 10019

M3-Brigade Acquisition III (M3-Brigade Acquisition III) Headlines

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