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Crossroads Impact (Crossroads Impact) Asset Turnover : 0.01 (As of Jul. 2022)


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What is Crossroads Impact Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Crossroads Impact's Revenue for the three months ended in Jul. 2022 was $13.60 Mil. Crossroads Impact's Total Assets for the quarter that ended in Jul. 2022 was $1,806.98 Mil. Therefore, Crossroads Impact's Asset Turnover for the quarter that ended in Jul. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Crossroads Impact's annualized ROE % for the quarter that ended in Jul. 2022 was 13.36%. It is also linked to ROA % through Du Pont Formula. Crossroads Impact's annualized ROA % for the quarter that ended in Jul. 2022 was 0.46%.


Crossroads Impact Asset Turnover Historical Data

The historical data trend for Crossroads Impact'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.

Crossroads Impact Asset Turnover Chart

Crossroads Impact Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct18 Oct19 Oct20 Oct21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.34 0.22 0.20 0.50

Crossroads Impact Quarterly Data
Jul16 Oct16 Jan17 Apr17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 -0.01 0.02 0.01 0.01

Competitive Comparison of Crossroads Impact's Asset Turnover

For the Real Estate Services subindustry, Crossroads Impact'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.


Crossroads Impact's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crossroads Impact's Asset Turnover distribution charts can be found below:

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



Crossroads Impact Asset Turnover Calculation

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

Crossroads Impact's Asset Turnover for the fiscal year that ended in Oct. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2021 )/( (Total Assets (A: Oct. 2020 )+Total Assets (A: Oct. 2021 ))/ count )
=930.643/( (184.308+3551.626)/ 2 )
=930.643/1867.967
=0.50

Crossroads Impact's Asset Turnover for the quarter that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2022 )/( (Total Assets (Q: Apr. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=13.596/( (1906.895+1707.055)/ 2 )
=13.596/1806.975
=0.01

* 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.


Crossroads Impact  (OTCPK:CRSS) Asset Turnover Explanation

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

Crossroads Impact's annulized ROE % for the quarter that ended in Jul. 2022 is

ROE %**(Q: Jul. 2022 )
=Net Income/Total Stockholders Equity
=8.304/62.144
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.304 / 54.384)*(54.384 / 1806.975)*(1806.975/ 62.144)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.27 %*0.0301*29.0772
=ROA %*Equity Multiplier
=0.46 %*29.0772
=13.36 %

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

Crossroads Impact's annulized ROA % for the quarter that ended in Jul. 2022 is

ROA %(Q: Jul. 2022 )
=Net Income/Total Assets
=8.304/1806.975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.304 / 54.384)*(54.384 / 1806.975)
=Net Margin %*Asset Turnover
=15.27 %*0.0301
=0.46 %

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


Crossroads Impact Asset Turnover Related Terms

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


Crossroads Impact (Crossroads Impact) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Crossroads Impact Corp is a holding company. The company is focused on investing in businesses that promote economic vitality and community development.
Executives
Claire Gogel director C/O SUNEDISON, INC., 13736 RIVERPORT DRIVE, SUITE 180, MARYLAND HEIGHTS MO 63043
210/crds Investment Llc 10 percent owner, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
C Clark Webb director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Jeffrey E. Eberwein other: See Footnote 1 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Lone Star Value Investors Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Co-invest I, Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Management Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Hannah M. Bible director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mark C Hood officer: Executive Vice President C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Coleman Richard Kenneth Jr. director, officer: Chief Executive Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Cf Db Ez Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK X1 10105

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