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Croma NV (XAMS:EHCS) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Croma NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Croma NV's Revenue for the six months ended in Dec. 2023 was €0.00 Mil. Croma NV's Total Assets for the quarter that ended in Dec. 2023 was €110.81 Mil. Therefore, Croma NV's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Croma NV's annualized ROE % for the quarter that ended in Dec. 2023 was -6,249.23%. It is also linked to ROA % through Du Pont Formula. Croma NV's annualized ROA % for the quarter that ended in Dec. 2023 was 7.33%.


Croma NV Asset Turnover Historical Data

The historical data trend for Croma NV'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.

Croma NV Asset Turnover Chart

Croma NV Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Croma NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover - - - - -

Competitive Comparison of Croma NV's Asset Turnover

For the Shell Companies subindustry, Croma NV'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.


Croma NV's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Croma NV's Asset Turnover distribution charts can be found below:

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



Croma NV Asset Turnover Calculation

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

Croma NV'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 )
=0/( (204.855+15.884)/ 2 )
=0/110.3695
=0.00

Croma NV'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (205.738+15.884)/ 2 )
=0/110.811
=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.


Croma NV  (XAMS:EHCS) Asset Turnover Explanation

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

Croma NV's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8.124/-0.13
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.124 / 0)*(0 / 110.811)*(110.811/ -0.13)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-852.3923
=ROA %*Equity Multiplier
=7.33 %*-852.3923
=-6,249.23 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Croma NV's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8.124/110.811
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.124 / 0)*(0 / 110.811)
=Net Margin %*Asset Turnover
= %*0
=7.33 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Croma NV Asset Turnover Related Terms

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Croma NV (XAMS:EHCS) Business Description

Traded in Other Exchanges
Address
c/o ALR Treuhand GmbH Theresienhohe 28, Munich, BY, DEU, 80338
European Healthcare Acquisition Growth Co BV is a special purpose acquisition company aimed at acquiring companies with principal operations in Europe in the healthcare sector, with a special focus on the subsectors Biotechnology and Specialty Pharma, Pharma Services, Medical Technology and Medical Devices, Diagnostic and Lab Services, Bioinformatics as well as Life Science Tools.

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