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Perella Weinberg Partners (Perella Weinberg Partners) Asset Turnover : 0.15 (As of Mar. 2024)


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What is Perella Weinberg Partners Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Perella Weinberg Partners's Revenue for the three months ended in Mar. 2024 was $102.1 Mil. Perella Weinberg Partners's Total Assets for the quarter that ended in Mar. 2024 was $672.3 Mil. Therefore, Perella Weinberg Partners's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Perella Weinberg Partners's annualized ROE % for the quarter that ended in Mar. 2024 was -91.16%. It is also linked to ROA % through Du Pont Formula. Perella Weinberg Partners's annualized ROA % for the quarter that ended in Mar. 2024 was -21.32%.


Perella Weinberg Partners Asset Turnover Historical Data

The historical data trend for Perella Weinberg Partners'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.

Perella Weinberg Partners Asset Turnover Chart

Perella Weinberg Partners Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.96 1.27 0.88 0.88

Perella Weinberg Partners Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.30 0.23 0.31 0.15

Competitive Comparison of Perella Weinberg Partners's Asset Turnover

For the Capital Markets subindustry, Perella Weinberg Partners'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.


Perella Weinberg Partners's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Perella Weinberg Partners's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Perella Weinberg Partners's Asset Turnover falls into.



Perella Weinberg Partners Asset Turnover Calculation

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

Perella Weinberg Partners'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 )
=648.652/( (717.093+761.108)/ 2 )
=648.652/739.1005
=0.88

Perella Weinberg Partners's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=102.127/( (761.108+583.589)/ 2 )
=102.127/672.3485
=0.15

* 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.


Perella Weinberg Partners  (NAS:PWP) Asset Turnover Explanation

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

Perella Weinberg Partners's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-143.376/157.2835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-143.376 / 408.508)*(408.508 / 672.3485)*(672.3485/ 157.2835)
=Net Margin %*Asset Turnover*Equity Multiplier
=-35.1 %*0.6076*4.2748
=ROA %*Equity Multiplier
=-21.32 %*4.2748
=-91.16 %

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

Perella Weinberg Partners's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-143.376/672.3485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-143.376 / 408.508)*(408.508 / 672.3485)
=Net Margin %*Asset Turnover
=-35.1 %*0.6076
=-21.32 %

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


Perella Weinberg Partners Asset Turnover Related Terms

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Perella Weinberg Partners (Perella Weinberg Partners) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, New York, NY, USA, 10153
Perella Weinberg Partners is an independent investment banking firm. It provides strategic, financial, and tactical advice in connection with executing complex mergers, acquisitions, company sales, and corporate divestitures, including carve-outs, joint ventures, and spin-offs, and relating to takeover preparedness and defense.
Executives
Vladimir Shendelman officer: General Counsel 767 FIFTH AVENUE, NEW YORK NY 10153
Daniel G Cohen director 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Kristin W Mugford director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fintech Masala, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Pwp Professional Partners Lp director 767 FIFTH AVENUE, NEW YORK NY 10153
Andrew Bednar director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Dietrich Becker director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Alexandra Gottschalk officer: See Remarks 767 FIFTH AVENUE, NEW YORK NY 10153
Fintech Masala Advisors Iv, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Investor Holdings Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Cohen Sponsor Interests Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Fintech Masala Holdings, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019