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Perception Capital II (Perception Capital II) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Perception Capital 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. Perception Capital II's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Perception Capital II's Total Assets for the quarter that ended in Jun. 2023 was $24.51 Mil. Therefore, Perception Capital II's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Perception Capital II's annualized ROE % for the quarter that ended in Jun. 2023 was -67.33%. It is also linked to ROA % through Du Pont Formula. Perception Capital II's annualized ROA % for the quarter that ended in Jun. 2023 was -22.42%.


Perception Capital II Asset Turnover Historical Data

The historical data trend for Perception Capital 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.

Perception Capital II Asset Turnover Chart

Perception Capital II Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

Perception Capital II Quarterly Data
Jan21 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 Perception Capital II's Asset Turnover

For the Shell Companies subindustry, Perception Capital 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.


Perception Capital II's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Perception Capital II's Asset Turnover falls into.



Perception Capital II Asset Turnover Calculation

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

Perception Capital II'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/( (234.721+25.63)/ 2 )
=0/130.1755
=0.00

Perception Capital II'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/( (26.212+22.814)/ 2 )
=0/24.513
=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.


Perception Capital II  (NAS:PCCT) Asset Turnover Explanation

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

Perception Capital II's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-5.496/8.1625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.496 / 0)*(0 / 24.513)*(24.513/ 8.1625)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*3.0031
=ROA %*Equity Multiplier
=-22.42 %*3.0031
=-67.33 %

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:

Perception Capital II's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-5.496/24.513
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.496 / 0)*(0 / 24.513)
=Net Margin %*Asset Turnover
= %*0
=-22.42 %

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.


Perception Capital II Asset Turnover Related Terms

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Perception Capital II (Perception Capital II) Business Description

Traded in Other Exchanges
N/A
Address
315 Lake Street East, Suite 301, Wayzata, MN, USA, 55391
Perception Capital Corp II is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Marcy Haymaker director, 10 percent owner C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Michael Patrick Williams officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Sheridan James J. Iii officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Campbell Corey officer: Chief Financial Officer C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Omer Keilaf director C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Perception Capital Partners Ii Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Thomas J. Abood director 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Rick Gaenzle director, officer: Chief Executive Officer 1601 BRYAN STREET, SUITE 4141, DALLAS TX 75201