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Coliseum Acquisition (Coliseum Acquisition) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Coliseum 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. Coliseum Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Coliseum Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $31.20 Mil. Therefore, Coliseum Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Coliseum Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was -3.42%. It is also linked to ROA % through Du Pont Formula. Coliseum Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -3.10%.


Coliseum Acquisition Asset Turnover Historical Data

The historical data trend for Coliseum 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.

Coliseum Acquisition Asset Turnover Chart

Coliseum Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Coliseum Acquisition Quarterly Data
Feb21 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 Coliseum Acquisition's Asset Turnover

For the Shell Companies subindustry, Coliseum 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.


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

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

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



Coliseum Acquisition Asset Turnover Calculation

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

Coliseum Acquisition'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/( (152.82+30.97)/ 2 )
=0/91.895
=0.00

Coliseum Acquisition'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/( (30.97+31.423)/ 2 )
=0/31.1965
=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.


Coliseum Acquisition  (NAS:MITA) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.968/28.279
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.968 / 0)*(0 / 31.1965)*(31.1965/ 28.279)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1032
=ROA %*Equity Multiplier
=-3.10 %*1.1032
=-3.42 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.968/31.1965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.968 / 0)*(0 / 31.1965)
=Net Margin %*Asset Turnover
= %*0
=-3.10 %

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.


Coliseum Acquisition Asset Turnover Related Terms

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Coliseum Acquisition (Coliseum Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
80 Pine Street, Suite 3202, New York, NY, USA, 10005
Coliseum Acquisition Corp is a blank check company.
Executives
Walter E Skowronski director 6903 ROCKLEDGE DRIVE, BETHESDA MD 20817
Roland Rapp director 27442 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Charles Wert officer: Chief Executive Officer 200 PARK AVENUE, NEW YORK NY 10166
Kenneth Rivers director C/O COLISEUM ACQUISITION CORP., 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Oanh Truong officer: Chief Financial Officer C/O COLISEUM ACQUISITION CORP., 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Harry L. You director, 10 percent owner, officer: See Remarks EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Coliseum Acquisition Sponsor Llc 10 percent owner 80 PINE STREET SUITE 3202, NEW YORK NY 10005
Daniel Haimovic director, 10 percent owner, officer: Co-Chief Executive Officer 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Andrew Fishkoff officer: COO / General Counsel 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Jason Beren officer: Chief Financial Officer 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Romitha Mally director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Ezra Kucharz director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Jason W. Stein director, 10 percent owner, officer: Co-Chief Executive Officer 80 PINE STREET, SUITE 3202, NEW YORK NY 10005