GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Supernova Partners Acquisition Co III Ltd (NYSE:STRE) » Definitions » Asset Turnover

Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Asset Turnover : 0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Supernova Partners Acquisition Co 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. Supernova Partners Acquisition Co III's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Supernova Partners Acquisition Co III's Total Assets for the quarter that ended in Sep. 2022 was $282.39 Mil. Therefore, Supernova Partners Acquisition Co III's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Supernova Partners Acquisition Co III's annualized ROE % for the quarter that ended in Sep. 2022 was 2.71%. It is also linked to ROA % through Du Pont Formula. Supernova Partners Acquisition Co III's annualized ROA % for the quarter that ended in Sep. 2022 was 2.59%.


Supernova Partners Acquisition Co III Asset Turnover Historical Data

The historical data trend for Supernova Partners Acquisition Co 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.

Supernova Partners Acquisition Co III Asset Turnover Chart

Supernova Partners Acquisition Co III Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Supernova Partners Acquisition Co III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Supernova Partners Acquisition Co III's Asset Turnover

For the Shell Companies subindustry, Supernova Partners Acquisition Co 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.


Supernova Partners Acquisition Co III's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Supernova Partners Acquisition Co III's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Supernova Partners Acquisition Co III's Asset Turnover falls into.



Supernova Partners Acquisition Co III Asset Turnover Calculation

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

Supernova Partners Acquisition Co III's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0.035+281.989)/ 2 )
=0/141.012
=0.00

Supernova Partners Acquisition Co III's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (281.839+282.932)/ 2 )
=0/282.3855
=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.


Supernova Partners Acquisition Co III  (NYSE:STRE) Asset Turnover Explanation

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

Supernova Partners Acquisition Co III's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=7.32/270.1555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.32 / 0)*(0 / 282.3855)*(282.3855/ 270.1555)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0453
=ROA %*Equity Multiplier
=2.59 %*1.0453
=2.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Supernova Partners Acquisition Co III's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=7.32/282.3855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.32 / 0)*(0 / 282.3855)
=Net Margin %*Asset Turnover
= %*0
=2.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Supernova Partners Acquisition Co III Asset Turnover Related Terms

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


Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Business Description

Traded in Other Exchanges
N/A
Address
4301 50th Street NW, Suite 300 PMB 1044, Washington, DC, USA, 20016
Website
Supernova Partners Acquisition Co III Ltd is a blank check company.
Executives
Robert Reid director, officer: Chief Executive Officer 345 PARK AVENUE, NEW YORK NY 10154
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kenneth A Fox director
Spencer M Rascoff director 212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Alexander Klabin director C/O ANCIENT MANAGEMENT LP, 512 WEST 22ND STREET, NEW YORK NY 10011
Michael S. Clifton director, officer: Chief Financial Officer C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Gregg Renfrew director C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Supernova Partners Iii Llc 10 percent owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Rajeev Singh director 6222 185TH AVENUE NE, REDMOND WA 98052

Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Headlines