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MUSS (Multi Solutions II) Asset Turnover : 0.00 (As of Jul. 2024)


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What is Multi Solutions II Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Multi Solutions II's Revenue for the three months ended in Jul. 2024 was $0.00 Mil. Multi Solutions II's Total Assets for the quarter that ended in Jul. 2024 was $0.01 Mil. Therefore, Multi Solutions II's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Multi Solutions II's annualized ROE % for the quarter that ended in Jul. 2024 was 11.03%. It is also linked to ROA % through Du Pont Formula. Multi Solutions II's annualized ROA % for the quarter that ended in Jul. 2024 was -1,056.00%.


Multi Solutions II Asset Turnover Historical Data

The historical data trend for Multi Solutions II'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.

Multi Solutions II Asset Turnover Chart

Multi Solutions II Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
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Multi Solutions II Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Multi Solutions II's Asset Turnover

For the Shell Companies subindustry, Multi Solutions II'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.


Multi Solutions II's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Multi Solutions II's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Multi Solutions II's Asset Turnover falls into.



Multi Solutions II Asset Turnover Calculation

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

Multi Solutions II's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=0/( (0.013+0.004)/ 2 )
=0/0.0085
=0.00

Multi Solutions II's Asset Turnover for the quarter that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (0.018+0.007)/ 2 )
=0/0.0125
=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.


Multi Solutions II  (OTCPK:MUSS) Asset Turnover Explanation

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

Multi Solutions II's annulized ROE % for the quarter that ended in Jul. 2024 is

ROE %**(Q: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-0.132/-1.197
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.132 / 0)*(0 / 0.0125)*(0.0125/ -1.197)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0104
=ROA %*Equity Multiplier
=-1,056.00 %*-0.0104
=11.03 %

Note: The Net Income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 2024) 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:

Multi Solutions II's annulized ROA % for the quarter that ended in Jul. 2024 is

ROA %(Q: Jul. 2024 )
=Net Income/Total Assets
=-0.132/0.0125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.132 / 0)*(0 / 0.0125)
=Net Margin %*Asset Turnover
= %*0
=-1,056.00 %

Note: The Net Income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 2024) 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.


Multi Solutions II Asset Turnover Related Terms

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Multi Solutions II Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Website
Multi Solutions II Inc is a blank check company.
Executives
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Robert L Frome director, 10 percent owner 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Kirkland J Bryant Iii director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Robert M Lundgren director C/O CDSI HOLDINGS INC, 100 SE SECOND ST 32ND FL, MIAMI FL 33131
Deborah A Fasanelli officer: Secretary, Treasurer and CFO 100 SE 2ND STREET, 32ND FLOOR, MIAMI FL 33131
Michael Potter 10 percent owner 500 FIFTH AVENUE, SUITE 2240, NEW YORK NY 10110

Multi Solutions II Headlines

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