PIAC (Princeton Capital) Asset Turnover: -0.02 (As of Mar. 2026)

What is Princeton Capital Asset Turnover?

Princeton Capital PIAC Asset Turnover is -0.02 as of Mar. 2026.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Princeton Capital's Revenue for the three months ended in Mar. 2026 was $-0.32 Mil. Princeton Capital's Total Assets for the quarter that ended in Mar. 2026 was $14.57 Mil. Therefore, Princeton Capital's Asset Turnover for the quarter that ended in Mar. 2026 was -0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Princeton Capital's annualized ROE % for the quarter that ended in Mar. 2026 was -18.13%. It is also linked to ROA % through Du Pont Formula. Princeton Capital's annualized ROA % for the quarter that ended in Mar. 2026 was -17.35%.

Princeton Capital (OTCPK:PIAC) Asset Turnover Explanation

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

Princeton Capital's annulized ROE % for the quarter that ended in Mar. 2026 is

	ROE %^**		(Q: Mar. 2026 )
=	Net Income	/	Total Stockholders Equity
=	-2.528	/	13.947
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-2.528 / -1.28)	*	(-1.28 / 14.5745)	*	(14.5745/ 13.947)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	197.5 %	*	-0.0878	*	1.045
=	ROA %	*	Equity Multiplier
=	-17.35 %	*	1.045
=	-18.13 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Princeton Capital's annulized ROA % for the quarter that ended in Mar. 2026 is

	ROA %		(Q: Mar. 2026 )
=	Net Income	/	Total Assets
=	-2.528	/	14.5745
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-2.528 / -1.28)	*	(-1.28 / 14.5745)
=	Net Margin %	*	Asset Turnover
=	197.5 %	*	-0.0878
=	-17.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

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.

Princeton Capital Asset Turnover Related Terms

Princeton Capital Asset Turnover Historical Data

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The historical data trend for Princeton Capital's Asset Turnover can be seen below:

Princeton Capital Asset Turnover Chart

Princeton Capital Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Asset Turnover

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0.46

0.26

0.04

-0.36

-0.28

Princeton Capital Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Asset Turnover	Get a 7-Day Free Trial															-0.08	-0.01	-0.04	-0.15	-0.02

PIAC vs TWAV, CWD, ALP: Asset Turnover Comparison

For the Asset Management subindustry, Princeton Capital'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.

Princeton Capital Asset Turnover vs Asset Management Industry

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

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

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Princeton Capital Asset Turnover Calculation

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

Princeton Capital's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2025 )	/	( (Total Assets (A: Dec. 2024 )	+	Total Assets (A: Dec. 2025 ))	/ count )
=	-5.04	/	( (21.208	+	14.759)	/ 2 )
=	-5.04	/	17.9835
=	-0.28

Princeton Capital's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Mar. 2026 )	/	( (Total Assets (Q: Dec. 2025 )	+	Total Assets (Q: Mar. 2026 ))	/ count )
=	-0.32	/	( (14.759	+	14.39)	/ 2 )
=	-0.32	/	14.5745
=	-0.02

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of -0.02 mean?

Princeton Capital (PIAC) has a Asset Turnover of -0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Princeton Capital and its competitors.

Is Princeton Capital's Asset Turnover too high?

Princeton Capital's current Asset Turnover is -0.02.

How does Princeton Capital's Asset Turnover compare to TWAV and CWD?

Princeton Capital's Asset Turnover of -0.02 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for an Asset Management company?

A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Princeton Capital and its competitors. Princeton Capital's current Asset Turnover is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Princeton Capital stock overvalued right now?

Princeton Capital (PIAC) has a current Asset Turnover of -0.02. The current Asset Turnover is -0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Princeton Capital (PIAC), the current Asset Turnover is -0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Princeton Capital Business Description

Industry Financial Services Asset Management

Comparable Companies TWAV CWD ALP BNBX DEFG ZSTK FXBY SVVC LGCP BNKK BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address 800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845

Website https://www.princetoncapitalcorp.com

Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in private small and lower middle-market companies. While the company has sought to invest predominantly in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche ,and mezzanine debt financing, often with a corresponding equity investment, the company is now investing only in current investments and otherwise conserving cash.