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Atlas Crest Investment II (Atlas Crest Investment II) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Atlas Crest Investment II Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Atlas Crest Investment II's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Atlas Crest Investment II's Total Assets for the quarter that ended in Sep. 2022 was $346.97 Mil. Therefore, Atlas Crest Investment II's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Atlas Crest Investment II's annualized ROE % for the quarter that ended in Sep. 2022 was 2.89%. It is also linked to ROA % through Du Pont Formula. Atlas Crest Investment II's annualized ROA % for the quarter that ended in Sep. 2022 was 2.88%.


Atlas Crest Investment II Asset Turnover Historical Data

The historical data trend for Atlas Crest Investment II'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.

Atlas Crest Investment II Asset Turnover Chart

Atlas Crest Investment II Annual Data
Trend Dec20 Dec21
Asset Turnover
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Atlas Crest Investment II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Atlas Crest Investment II's Asset Turnover

For the Shell Companies subindustry, Atlas Crest Investment II'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.


Atlas Crest Investment II's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Atlas Crest Investment II's Asset Turnover falls into.



Atlas Crest Investment II Asset Turnover Calculation

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

Atlas Crest Investment II's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0.385+345.753)/ 2 )
=0/173.069
=0.00

Atlas Crest Investment II's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (346.119+347.82)/ 2 )
=0/346.9695
=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.


Atlas Crest Investment II  (NYSE:ACII) Asset Turnover Explanation

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

Atlas Crest Investment II's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=9.976/344.7985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.976 / 0)*(0 / 346.9695)*(346.9695/ 344.7985)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0063
=ROA %*Equity Multiplier
=2.88 %*1.0063
=2.89 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Atlas Crest Investment II's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=9.976/346.9695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.976 / 0)*(0 / 346.9695)
=Net Margin %*Asset Turnover
= %*0
=2.88 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Atlas Crest Investment II Asset Turnover Related Terms

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Atlas Crest Investment II (Atlas Crest Investment II) Business Description

Traded in Other Exchanges
N/A
Address
399 Park Avenue, New York, NY, USA, 10022
Atlas Crest Investment Corp II is a blank check company.
Executives
Sara Sprung director 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Carrie Mccabe director 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 07430
Nicholas Nickerson officer: Chief Operating Officer 399 PARK AVENUE, 5TH FLOOR, C/O ATLAS CREST INVESTMENT CORP. II, NEW YORK NY 10022
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Kenneth Moelis director, 10 percent owner C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano officer: Chief Financial Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael Spellacy director, officer: CEO and Director 399 PARK AVENUE, NEW YORK NY 10022
David Morton Fox director 399 PARK AVENUE, NEW YORK NY 10022
Todd Lemkin director 399 PARK AVE., NEW YORK NY 10022
Caa 1 Llc 10 percent owner 399 PARK AVE., NEW YORK NY 10022
Atlas Crest Ii Manager Llc other: Managing Member 399 PARK AVENUE, NEW YORK NY 10022

Atlas Crest Investment II (Atlas Crest Investment II) Headlines