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Northern Star Investment IV (Northern Star Investment IV) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Northern Star Investment IV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Northern Star Investment IV's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Northern Star Investment IV's Total Assets for the quarter that ended in Jun. 2023 was $227.37 Mil. Therefore, Northern Star Investment IV's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Northern Star Investment IV's annualized ROE % for the quarter that ended in Jun. 2023 was 1.65%. It is also linked to ROA % through Du Pont Formula. Northern Star Investment IV's annualized ROA % for the quarter that ended in Jun. 2023 was 0.18%.


Northern Star Investment IV Asset Turnover Historical Data

The historical data trend for Northern Star Investment IV'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.

Northern Star Investment IV Asset Turnover Chart

Northern Star Investment IV Annual Data
Trend Sep21 Sep22
Asset Turnover
- -

Northern Star Investment IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Northern Star Investment IV's Asset Turnover

For the Shell Companies subindustry, Northern Star Investment IV'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.


Northern Star Investment IV's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Northern Star Investment IV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Northern Star Investment IV's Asset Turnover falls into.



Northern Star Investment IV Asset Turnover Calculation

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

Northern Star Investment IV's Asset Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2022 )/( (Total Assets (A: Sep. 2021 )+Total Assets (A: Sep. 2022 ))/ count )
=0/( (401.081+402.66)/ 2 )
=0/401.8705
=0.00

Northern Star Investment IV's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (408.968+45.764)/ 2 )
=0/227.366
=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.


Northern Star Investment IV  (OTCPK:NSTD) Asset Turnover Explanation

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

Northern Star Investment IV's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0.42/25.4515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.42 / 0)*(0 / 227.366)*(227.366/ 25.4515)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*8.9333
=ROA %*Equity Multiplier
=0.18 %*8.9333
=1.65 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

Northern Star Investment IV's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=0.42/227.366
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.42 / 0)*(0 / 227.366)
=Net Margin %*Asset Turnover
= %*0
=0.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Northern Star Investment IV Asset Turnover Related Terms

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Northern Star Investment IV (Northern Star Investment IV) Business Description

Traded in Other Exchanges
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 442020th Floor, New York, NY, USA, 10174
Northern Star Investment Corp IV is a blank check company.
Executives
Emily White director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Kristen Green director 1617 SIXTH AVE, SEATTLE WA 98101
Jonathan J Ledecky director, 10 percent owner, officer: President and COO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles director, 10 percent owner, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Jonathan Mildenhall director C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Northern Star Iv Sponsor Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174

Northern Star Investment IV (Northern Star Investment IV) Headlines