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Zalatoris II Acquisition (Zalatoris II Acquisition) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Zalatoris II Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Zalatoris II Acquisition's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Zalatoris II Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $148.27 Mil. Therefore, Zalatoris II Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Zalatoris II Acquisition's annualized ROE % for the quarter that ended in Sep. 2023 was 1.80%. It is also linked to ROA % through Du Pont Formula. Zalatoris II Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was 1.74%.


Zalatoris II Acquisition Asset Turnover Historical Data

The historical data trend for Zalatoris II Acquisition'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.

Zalatoris II Acquisition Asset Turnover Chart

Zalatoris II Acquisition Annual Data
Trend Dec21 Dec22
Asset Turnover
- -

Zalatoris II Acquisition Quarterly Data
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 - - - - -

Competitive Comparison of Zalatoris II Acquisition's Asset Turnover

For the Shell Companies subindustry, Zalatoris II Acquisition'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.


Zalatoris II Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Zalatoris II Acquisition's Asset Turnover falls into.



Zalatoris II Acquisition Asset Turnover Calculation

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

Zalatoris II Acquisition'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/( (220.615+223.004)/ 2 )
=0/221.8095
=0.00

Zalatoris II Acquisition'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/( (227.848+68.694)/ 2 )
=0/148.271
=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.


Zalatoris II Acquisition  (NAS:ZLS) Asset Turnover Explanation

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

Zalatoris II Acquisition's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=2.584/143.6325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.584 / 0)*(0 / 148.271)*(148.271/ 143.6325)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0323
=ROA %*Equity Multiplier
=1.74 %*1.0323
=1.80 %

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:

Zalatoris II Acquisition's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=2.584/148.271
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.584 / 0)*(0 / 148.271)
=Net Margin %*Asset Turnover
= %*0
=1.74 %

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.


Zalatoris II Acquisition Asset Turnover Related Terms

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Zalatoris II Acquisition (Zalatoris II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
31 Hudson Yards, 11th Floor, New York, NY, USA, 10005
Zalatoris II Acquisition Corp is a blank check company.
Executives
Adeel Rouf director 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
Pantelis Dimitriou director 99 WALL STREET, SUITE 5801, NEW YORK NY 10005
Paul Michael Davis director, officer: Chief Executive Officer 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
J. Streicher Holdings, Llc 10 percent owner 99 WALL STREET, #5801, NEW YORK NY 10005
Llewellyn Farquharson director 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
Xp Inc. 10 percent owner 20, GENESIS CLOSE, GRAND CAYMAN, GEORGE TOWN E9 KY-1-1208
Xpac Sponsor Llc 10 percent owner AV. PRESIDENTE JUSCELINO KUBITSCHEK, 1909, 25TH FLOOR, TORRE SOL, SAO PAULO D5 04543-907
Fabio Kann officer: Chief Financial Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Guilherme Teixeira officer: Chief Investment Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Chu Chiu Kong director, officer: Chief Executive Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Tedde Camilo De Oliveira director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Marcos Peixoto director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Denis Pedreira director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Ana Cabral-gardner director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036

Zalatoris II Acquisition (Zalatoris II Acquisition) Headlines