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Sustainable Power & Infrastructure Split (TSX:PWI) Asset Turnover : 0.04 (As of Jun. 2024)


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What is Sustainable Power & Infrastructure Split Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sustainable Power & Infrastructure Split's Revenue for the six months ended in Jun. 2024 was C$2.34 Mil. Sustainable Power & Infrastructure Split's Total Assets for the quarter that ended in Jun. 2024 was C$60.97 Mil. Therefore, Sustainable Power & Infrastructure Split's Asset Turnover for the quarter that ended in Jun. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Sustainable Power & Infrastructure Split's annualized ROE % for the quarter that ended in Jun. 2024 was 76.29%. It is also linked to ROA % through Du Pont Formula. Sustainable Power & Infrastructure Split's annualized ROA % for the quarter that ended in Jun. 2024 was 32.11%.


Sustainable Power & Infrastructure Split Asset Turnover Historical Data

The historical data trend for Sustainable Power & Infrastructure Split'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.

Sustainable Power & Infrastructure Split Asset Turnover Chart

Sustainable Power & Infrastructure Split Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- -0.03 0.02

Sustainable Power & Infrastructure Split Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial - -0.03 0.03 -0.01 0.04

Competitive Comparison of Sustainable Power & Infrastructure Split's Asset Turnover

For the Asset Management subindustry, Sustainable Power & Infrastructure Split'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.


Sustainable Power & Infrastructure Split's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Power & Infrastructure Split's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sustainable Power & Infrastructure Split's Asset Turnover falls into.


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Sustainable Power & Infrastructure Split Asset Turnover Calculation

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

Sustainable Power & Infrastructure Split'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 )
=1.378/( (61.735+59.544)/ 2 )
=1.378/60.6395
=0.02

Sustainable Power & Infrastructure Split'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: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.342/( (59.544+62.405)/ 2 )
=2.342/60.9745
=0.04

* 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.


Sustainable Power & Infrastructure Split  (TSX:PWI) Asset Turnover Explanation

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

Sustainable Power & Infrastructure Split's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=19.578/25.6615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.578 / 4.684)*(4.684 / 60.9745)*(60.9745/ 25.6615)
=Net Margin %*Asset Turnover*Equity Multiplier
=417.98 %*0.0768*2.3761
=ROA %*Equity Multiplier
=32.11 %*2.3761
=76.29 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

Sustainable Power & Infrastructure Split's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=19.578/60.9745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.578 / 4.684)*(4.684 / 60.9745)
=Net Margin %*Asset Turnover
=417.98 %*0.0768
=32.11 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Sustainable Power & Infrastructure Split Asset Turnover Related Terms

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Sustainable Power & Infrastructure Split Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Sustainable Power & Infrastructure Split Corp is a mutual fund corporation. The company's fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The company's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.
Executives
Brompton Corp. Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Sustainable Power & Infrastructure Split Headlines

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