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SEDA (SDCL EDGE Acquisition) Asset Turnover : 0.00 (As of Jun. 2024)


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What is SDCL EDGE Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SDCL EDGE Acquisition's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. SDCL EDGE Acquisition's Total Assets for the quarter that ended in Jun. 2024 was $146.30 Mil. Therefore, SDCL EDGE Acquisition's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. SDCL EDGE Acquisition's annualized ROE % for the quarter that ended in Jun. 2024 was -12.90%. It is also linked to ROA % through Du Pont Formula. SDCL EDGE Acquisition's annualized ROA % for the quarter that ended in Jun. 2024 was -7.33%.


SDCL EDGE Acquisition Asset Turnover Historical Data

The historical data trend for SDCL EDGE Acquisition'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.

SDCL EDGE Acquisition Asset Turnover Chart

SDCL EDGE Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

SDCL EDGE Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of SDCL EDGE Acquisition's Asset Turnover

For the Shell Companies subindustry, SDCL EDGE Acquisition'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.


SDCL EDGE Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SDCL EDGE Acquisition's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SDCL EDGE Acquisition's Asset Turnover falls into.



SDCL EDGE Acquisition Asset Turnover Calculation

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

SDCL EDGE Acquisition'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/( (205.597+142.529)/ 2 )
=0/174.063
=0.00

SDCL EDGE Acquisition's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (144.798+147.795)/ 2 )
=0/146.2965
=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.


SDCL EDGE Acquisition  (NYSE:SEDA) Asset Turnover Explanation

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

SDCL EDGE Acquisition's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-10.724/83.106
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.724 / 0)*(0 / 146.2965)*(146.2965/ 83.106)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.7604
=ROA %*Equity Multiplier
=-7.33 %*1.7604
=-12.90 %

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

SDCL EDGE Acquisition's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-10.724/146.2965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.724 / 0)*(0 / 146.2965)
=Net Margin %*Asset Turnover
= %*0
=-7.33 %

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


SDCL EDGE Acquisition Asset Turnover Related Terms

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


SDCL EDGE Acquisition Business Description

Traded in Other Exchanges
N/A
Address
60 East 42nd Street, Suite 1100, New York, NY, USA, 10165
SDCL EDGE Acquisition Corp is a blank check company.
Executives
Karl E. Olsoni director C/O SDCL EDGE ACQUISITION CORP, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Guy Hands 10 percent owner OLD BANK CHAMBERS, LA GRANDE RUE, ST MARTIN'S Y7 GY4 6RT
Seaside Holdings (nominee) Ltd 10 percent owner PO BOX 286, 2ND FLOOR, TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 4LY
Sustainable Investors Fund, Lp 10 percent owner 250 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Sif Partners, Llc 10 percent owner 250 UNIVERSITY AVE, SUITE 300, PALO ALTO CA 94301
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
William V. Kriegel director 330 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10017
Sdcl Edge Sponsor Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sdcl Edge Acquisition Corp 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Machado Fernandes Ana Maria director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Naylor director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lolita Jackson director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Edward Wilson Davis officer: CFO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Jonathan Maxwell director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Trattner Feldman officer: Co-CEO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104