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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Pegasus Digital Mobility 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. Pegasus Digital Mobility Acquisition's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Pegasus Digital Mobility Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $52.76 Mil. Therefore, Pegasus Digital Mobility Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Pegasus Digital Mobility Acquisition's annualized ROE % for the quarter that ended in Dec. 2023 was -0.02%. It is also linked to ROA % through Du Pont Formula. Pegasus Digital Mobility Acquisition's annualized ROA % for the quarter that ended in Dec. 2023 was -0.02%.


Pegasus Digital Mobility Acquisition Asset Turnover Historical Data

The historical data trend for Pegasus Digital Mobility 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.

Pegasus Digital Mobility Acquisition Asset Turnover Chart

Pegasus Digital Mobility Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Pegasus Digital Mobility Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Pegasus Digital Mobility Acquisition's Asset Turnover

For the Shell Companies subindustry, Pegasus Digital Mobility 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.


Pegasus Digital Mobility Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Pegasus Digital Mobility Acquisition's Asset Turnover falls into.



Pegasus Digital Mobility Acquisition Asset Turnover Calculation

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

Pegasus Digital Mobility 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/( (231.086+50.477)/ 2 )
=0/140.7815
=0.00

Pegasus Digital Mobility Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (55.035+50.477)/ 2 )
=0/52.756
=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.


Pegasus Digital Mobility Acquisition  (NYSE:PGSS) Asset Turnover Explanation

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

Pegasus Digital Mobility Acquisition's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.008/38.277
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.008 / 0)*(0 / 52.756)*(52.756/ 38.277)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.3783
=ROA %*Equity Multiplier
=-0.02 %*1.3783
=-0.02 %

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

Pegasus Digital Mobility Acquisition's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.008/52.756
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.008 / 0)*(0 / 52.756)
=Net Margin %*Asset Turnover
= %*0
=-0.02 %

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


Pegasus Digital Mobility Acquisition Asset Turnover Related Terms

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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
71 Fort Street, George Town, P.O Box 500, Grand Cayman, CYM, KY1-1106
Pegasus Digital Mobility Acquisition Corp is a newly incorporated blank check company.
Executives
Tenor Capital Management Co., L.p. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Robin Shah 10 percent owner 810 SEVENTH AVENUE, NEW YORK NY 10019
Tenor Opportunity Master Fund, Ltd. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Steven John Norris director PO BOX 85587, SAN DIEGO CA 92186
Jeffrey H Foster director 401 9TH STREET, NW #600, WASHINGTON DC 20004
John N. Doherty director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Florian Wolf director 260 MASON STREET, GREENWICH CT 06830
James Valentine Condon director 260 MASON STREET, GREENWICH CT 06830
Ralf Speth director, officer: Chief Executive Officer 260 MASON STREET, GREENWICH CT 06830
Stefan Berger officer: Chief Investment Officer 260 MASON STREET, GREENWICH CT 06830
Pegasus Digital Mobility Sponsor Llc 10 percent owner 260 MASON STREET, GREENWICH CT 06830
Patrick J. Miller director 260 MASON STREET, GREENWICH CT 06830
Faramaraz Jeremey Mistry officer: Chief Financial Officer 260 MASON STREET, GREENWICH CT 06830

Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Headlines

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