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Kensington Capital Acquisition V (Kensington Capital Acquisition V) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Kensington Capital Acquisition V Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kensington Capital Acquisition V's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Kensington Capital Acquisition V's Total Assets for the quarter that ended in Mar. 2024 was $50.92 Mil. Therefore, Kensington Capital Acquisition V's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Kensington Capital Acquisition V's annualized ROE % for the quarter that ended in Mar. 2024 was 24.89%. It is also linked to ROA % through Du Pont Formula. Kensington Capital Acquisition V's annualized ROA % for the quarter that ended in Mar. 2024 was 16.94%.


Kensington Capital Acquisition V Asset Turnover Historical Data

The historical data trend for Kensington Capital Acquisition V'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.

Kensington Capital Acquisition V Asset Turnover Chart

Kensington Capital Acquisition V Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Kensington Capital Acquisition V Quarterly Data
Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Kensington Capital Acquisition V's Asset Turnover

For the Shell Companies subindustry, Kensington Capital Acquisition V'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.


Kensington Capital Acquisition V's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Kensington Capital Acquisition V's Asset Turnover falls into.



Kensington Capital Acquisition V Asset Turnover Calculation

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

Kensington Capital Acquisition V'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/( (284.421+50.567)/ 2 )
=0/167.494
=0.00

Kensington Capital Acquisition V'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 )
=0/( (50.567+51.281)/ 2 )
=0/50.924
=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.


Kensington Capital Acquisition V  (NYSE:KCGI) Asset Turnover Explanation

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

Kensington Capital Acquisition V's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=8.628/34.67
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.628 / 0)*(0 / 50.924)*(50.924/ 34.67)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4688
=ROA %*Equity Multiplier
=16.94 %*1.4688
=24.89 %

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:

Kensington Capital Acquisition V's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=8.628/50.924
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.628 / 0)*(0 / 50.924)
=Net Margin %*Asset Turnover
= %*0
=16.94 %

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.


Kensington Capital Acquisition V Asset Turnover Related Terms

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Kensington Capital Acquisition V (Kensington Capital Acquisition V) Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 301, Westbury, NY, USA, 11590
Kensington Capital Acquisition Corp V is a blank check company.
Executives
Peter Allan Goode officer: Chief Technology Officer C/O KENSINGTON CAPITAL ACQUISITION CORP., 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Steeg Nickolas Vande director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44112
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Daniel Elliot Huber officer: Chief Financial Officer 3355 PIERSON DRIVE, WILMINGTON DE 19810
John Andrew Arney director, officer: Vice Chairman and President 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Mark Robertshaw director BOSINNEY, THE LEIGH, KINGSTON UPON THAMES, SURREY X0 KT2 7DS
Julian Philipp Ameler officer: Head of Business Development 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Kensington Capital Sponsor V Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590