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Faraday Future Intelligent Electric (STU:5VFC) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Faraday Future Intelligent Electric Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Faraday Future Intelligent Electric's Revenue for the three months ended in Sep. 2023 was €0.52 Mil. Faraday Future Intelligent Electric's Total Assets for the quarter that ended in Sep. 2023 was €533.40 Mil. Therefore, Faraday Future Intelligent Electric's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Faraday Future Intelligent Electric's annualized ROE % for the quarter that ended in Sep. 2023 was -116.63%. It is also linked to ROA % through Du Pont Formula. Faraday Future Intelligent Electric's annualized ROA % for the quarter that ended in Sep. 2023 was -54.84%.


Faraday Future Intelligent Electric Asset Turnover Historical Data

The historical data trend for Faraday Future Intelligent Electric'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.

Faraday Future Intelligent Electric Asset Turnover Chart

Faraday Future Intelligent Electric Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Faraday Future Intelligent Electric Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Faraday Future Intelligent Electric's Asset Turnover

For the Auto Manufacturers subindustry, Faraday Future Intelligent Electric'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.


Faraday Future Intelligent Electric's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Faraday Future Intelligent Electric's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Faraday Future Intelligent Electric's Asset Turnover falls into.



Faraday Future Intelligent Electric Asset Turnover Calculation

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

Faraday Future Intelligent Electric's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (803.077+499.648)/ 2 )
=0/651.3625
=0.00

Faraday Future Intelligent Electric's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.516/( (523.791+543.017)/ 2 )
=0.516/533.404
=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.


Faraday Future Intelligent Electric  (STU:5VFC) Asset Turnover Explanation

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

Faraday Future Intelligent Electric's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-292.516/250.813
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-292.516 / 2.064)*(2.064 / 533.404)*(533.404/ 250.813)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14172.29 %*0.0039*2.1267
=ROA %*Equity Multiplier
=-54.84 %*2.1267
=-116.63 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Faraday Future Intelligent Electric's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-292.516/533.404
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-292.516 / 2.064)*(2.064 / 533.404)
=Net Margin %*Asset Turnover
=-14172.29 %*0.0039
=-54.84 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Faraday Future Intelligent Electric Asset Turnover Related Terms

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Faraday Future Intelligent Electric (STU:5VFC) Business Description

Traded in Other Exchanges
Address
18455 S. Figueroa Street, Gardena, CA, USA, 90248
Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF 91 is its first production vehicle and flagship model.

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