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SLR Senior Investment (SLR Senior Investment) Asset Turnover : 0.00 (As of Dec. 2021)


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What is SLR Senior Investment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SLR Senior Investment's Revenue for the three months ended in Dec. 2021 was $1.75 Mil. SLR Senior Investment's Total Assets for the quarter that ended in Dec. 2021 was $592.87 Mil. Therefore, SLR Senior Investment's Asset Turnover for the quarter that ended in Dec. 2021 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. SLR Senior Investment's annualized ROE % for the quarter that ended in Dec. 2021 was 0.14%. It is also linked to ROA % through Du Pont Formula. SLR Senior Investment's annualized ROA % for the quarter that ended in Dec. 2021 was 0.06%.


SLR Senior Investment Asset Turnover Historical Data

The historical data trend for SLR Senior Investment'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.

SLR Senior Investment Asset Turnover Chart

SLR Senior Investment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 0.05 0.02 0.03

SLR Senior Investment Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.01 0.01 0.01 0.01 -

Competitive Comparison of SLR Senior Investment's Asset Turnover

For the Asset Management subindustry, SLR Senior Investment'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.


SLR Senior Investment's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SLR Senior Investment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SLR Senior Investment's Asset Turnover falls into.



SLR Senior Investment Asset Turnover Calculation

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

SLR Senior Investment's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=15.707/( (647.997+572.887)/ 2 )
=15.707/610.442
=0.03

SLR Senior Investment's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=1.746/( (612.848+572.887)/ 2 )
=1.746/592.8675
=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.


SLR Senior Investment  (NAS:SUNS) Asset Turnover Explanation

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

SLR Senior Investment's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=0.356/250.046
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.356 / 6.984)*(6.984 / 592.8675)*(592.8675/ 250.046)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.1 %*0.0118*2.371
=ROA %*Equity Multiplier
=0.06 %*2.371
=0.14 %

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

SLR Senior Investment's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=0.356/592.8675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.356 / 6.984)*(6.984 / 592.8675)
=Net Margin %*Asset Turnover
=5.1 %*0.0118
=0.06 %

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


SLR Senior Investment Asset Turnover Related Terms

Thank you for viewing the detailed overview of SLR Senior Investment's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


SLR Senior Investment (SLR Senior Investment) Business Description

Traded in Other Exchanges
N/A
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Senior Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It invest in senior secured loans of private middle market companies to generate current income that is distributed to shareholders monthly. It collaborates with U.S. middle market businesses across a diversity of industries to deliver customized debt financing solutions.
Executives
Michael S Gross director, officer: See Remarks C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Bruce J Spohler director, officer: See Remarks
Steven Hochberg director 560 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Rs Properties I Llc other: Member of 10% owner group. 40 WALL STREET 23RD FLOOR NEW YORK NY 10005
Jack Silver other: Member of 10% owner group 660 MADISON AVENUE, NEW YORK NY 10021
Richard Peteka officer: CFO, Secretary and Treasurer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Stephen Adams 10 percent owner
Nicholas Radesca officer: CFO & Secretary C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
David Wachter director W. CAPITAL PARTNERS, ONE EAST 52ND STREET, NEW YORK NY 10022
Guy Talarico officer: Chief Compliance Officer 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022

SLR Senior Investment (SLR Senior Investment) Headlines