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TeraWulf (TeraWulf) Asset Turnover : 0.11 (As of Mar. 2024)


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What is TeraWulf Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TeraWulf's Revenue for the three months ended in Mar. 2024 was $42.4 Mil. TeraWulf's Total Assets for the quarter that ended in Mar. 2024 was $386.7 Mil. Therefore, TeraWulf's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. TeraWulf's annualized ROE % for the quarter that ended in Mar. 2024 was -15.54%. It is also linked to ROA % through Du Pont Formula. TeraWulf's annualized ROA % for the quarter that ended in Mar. 2024 was -9.94%.


TeraWulf Asset Turnover Historical Data

The historical data trend for TeraWulf'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.

TeraWulf Asset Turnover Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23
Asset Turnover
- 0.09 0.20

TeraWulf Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.05 0.06 0.07 0.11

Competitive Comparison of TeraWulf's Asset Turnover

For the Capital Markets subindustry, TeraWulf'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.


TeraWulf's Asset Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where TeraWulf's Asset Turnover falls into.



TeraWulf Asset Turnover Calculation

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

TeraWulf'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 )
=69.229/( (317.687+378.106)/ 2 )
=69.229/347.8965
=0.20

TeraWulf's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=42.433/( (378.106+395.388)/ 2 )
=42.433/386.747
=0.11

* 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.


TeraWulf  (NAS:WULF) Asset Turnover Explanation

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

TeraWulf's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-38.452/247.416
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-38.452 / 169.732)*(169.732 / 386.747)*(386.747/ 247.416)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.65 %*0.4389*1.5631
=ROA %*Equity Multiplier
=-9.94 %*1.5631
=-15.54 %

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

TeraWulf's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-38.452/386.747
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-38.452 / 169.732)*(169.732 / 386.747)
=Net Margin %*Asset Turnover
=-22.65 %*0.4389
=-9.94 %

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


TeraWulf Asset Turnover Related Terms

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


TeraWulf (TeraWulf) Business Description

Traded in Other Exchanges
N/A
Address
9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc is a digital asset technology company with a core business of sustainable bitcoin mining. The company develops, owns and operates its bitcoin mining facility sites in the United States powered by hydro, nuclear, and solar energy.
Executives
Paul B. Prager director, 10 percent owner, officer: Chief Executive Officer 9 FEDERAL STREET, EASTON MD 21601
Michael C. Bucella director C/O TERAWULF INC., 9 FEDERAL STREET, EASTON MD 21601
Patrick Fleury officer: Chief Financial Officer C/O GSO CAPTTAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Bryan J. Pascual 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901
Revolve Capital Llc 10 percent owner 339 DORADO BEACH EAST, DORADO PR 00646
Walter E. Carter director 9 FEDERAL STREET, EASTON MD 21601
Jason Griffin New director 280 PARK AVENUE, NEW YORK NY 10017
Kenneth J Deane officer: CFO & Treasurer 9 FEDERAL STREET, EASTON MD 21601
Stammtisch Investments Llc 10 percent owner 9 FEDERAL STREET, EASTON MD 21601
Lisa A. Prager director 9 FEDERAL STREET, EASTON MD 21601
Kerri M. Langlais officer: Chief Strategy Officer 9 FEDERAL STREET, EASTON MD 21601
Nazar M. Khan director, officer: COO & Chief Technology Officer 9 FEDERAL STREET, EASTON MD 21601
Catherine J. Motz director 9 FEDERAL STREET, EASTON MD 21601
Steven T. Pincus director 9 FEDERAL STREET, EASTON MD 21601
Bayshore Capital Llc 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901