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PFTA (Perception Capital III) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Perception Capital 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. Perception Capital III's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Perception Capital III's Total Assets for the quarter that ended in Sep. 2024 was $30.49 Mil. Therefore, Perception Capital III's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Perception Capital III's annualized ROE % for the quarter that ended in Sep. 2024 was -6.47%. It is also linked to ROA % through Du Pont Formula. Perception Capital III's annualized ROA % for the quarter that ended in Sep. 2024 was -3.03%.


Perception Capital III Asset Turnover Historical Data

The historical data trend for Perception Capital 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.

Perception Capital III Asset Turnover Chart

Perception Capital III Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Perception Capital III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Perception Capital III's Asset Turnover

For the Shell Companies subindustry, Perception Capital 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.


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

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

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



Perception Capital III Asset Turnover Calculation

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

Perception Capital III's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (264.136+42.084)/ 2 )
=0/153.11
=0.00

Perception Capital III's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (42.771+18.212)/ 2 )
=0/30.4915
=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 III  (NAS:PFTA) Asset Turnover Explanation

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

Perception Capital III's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-0.924/14.272
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.924 / 0)*(0 / 30.4915)*(30.4915/ 14.272)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.1365
=ROA %*Equity Multiplier
=-3.03 %*2.1365
=-6.47 %

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

Perception Capital III's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-0.924/30.4915
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.924 / 0)*(0 / 30.4915)
=Net Margin %*Asset Turnover
= %*0
=-3.03 %

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


Perception Capital III Asset Turnover Related Terms

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


Perception Capital III Business Description

Traded in Other Exchanges
N/A
Address
3109 West 50th Street, No. 207, Minneapolis, MN, USA, 55410
Perception Capital Corp III is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
Executives
John P Stanfield officer: Chief Financial Officer 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Campbell Corey 10 percent owner, officer: Chief Financial Officer C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sheridan James J. Iii 10 percent owner, officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Thomas J. Abood director 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Tao Tan 10 percent owner, officer: Co-President 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Rick Gaenzle director, 10 percent owner, officer: Chief Executive Officer 1601 BRYAN STREET, SUITE 4141, DALLAS TX 75201
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Rudolph R Reinfrank director C/O ONS ACQUISITION, 407 N. MAPLE DRIVE, GROUND FLOOR, BEVERLY HILLS CA 90210
George Thompson Hutton director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Seraina Macia director 175 WATER STREET, NEW YORK NY 10038
Harvey Stuart C. Jr director C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Iii Paul Desmarais director 325 GREENWICH AVENUE, GREENWICH CT 06830
Pfta I Lp 10 percent owner 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1
Pfta I Gp Inc. 10 percent owner 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1