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Stack Capital Group (TSX:STCK) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Stack Capital Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Stack Capital Group's Revenue for the three months ended in Dec. 2023 was C$0.34 Mil. Stack Capital Group's Total Assets for the quarter that ended in Dec. 2023 was C$99.08 Mil. Therefore, Stack Capital Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Stack Capital Group's annualized ROE % for the quarter that ended in Dec. 2023 was -14.74%. It is also linked to ROA % through Du Pont Formula. Stack Capital Group's annualized ROA % for the quarter that ended in Dec. 2023 was -14.68%.


Stack Capital Group Asset Turnover Historical Data

The historical data trend for Stack Capital Group'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.

Stack Capital Group Asset Turnover Chart

Stack Capital Group Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- 0.01 0.01

Stack Capital Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Stack Capital Group's Asset Turnover

For the Asset Management subindustry, Stack Capital Group'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.


Stack Capital Group's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Stack Capital Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Stack Capital Group's Asset Turnover falls into.



Stack Capital Group Asset Turnover Calculation

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

Stack Capital Group'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 )
=1.37/( (102.429+97.101)/ 2 )
=1.37/99.765
=0.01

Stack Capital Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.335/( (101.053+97.101)/ 2 )
=0.335/99.077
=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.


Stack Capital Group  (TSX:STCK) Asset Turnover Explanation

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

Stack Capital Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-14.54/98.656
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.54 / 1.34)*(1.34 / 99.077)*(99.077/ 98.656)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1085.07 %*0.0135*1.0043
=ROA %*Equity Multiplier
=-14.68 %*1.0043
=-14.74 %

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

Stack Capital Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-14.54/99.077
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-14.54 / 1.34)*(1.34 / 99.077)
=Net Margin %*Asset Turnover
=-1085.07 %*0.0135
=-14.68 %

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


Stack Capital Group Asset Turnover Related Terms

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Stack Capital Group (TSX:STCK) Business Description

Traded in Other Exchanges
Address
155 Wellington Street West, Suite 3140, Toronto, ON, CAN, M5V 3H1
Stack Capital Group Inc is a newly formed investment holding company. It is focused on investing in growth to late-stage private issuers with operating businesses, with long-term growth potential, located in, or with customers, suppliers or business primarily conducted in or dependent on, Canada or the United States. Its business objective is to maximize its long-term capital appreciation by seeking to achieve superior risk-adjusted investment performance.

Stack Capital Group (TSX:STCK) Headlines

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