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Social Leverage Acquisition I (Social Leverage Acquisition I) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Social Leverage Acquisition I Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Social Leverage Acquisition I's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Social Leverage Acquisition I's Total Assets for the quarter that ended in Sep. 2023 was $16.45 Mil. Therefore, Social Leverage Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Social Leverage Acquisition I's annualized ROE % for the quarter that ended in Sep. 2023 was 95.04%. It is also linked to ROA % through Du Pont Formula. Social Leverage Acquisition I's annualized ROA % for the quarter that ended in Sep. 2023 was 42.80%.


Social Leverage Acquisition I Asset Turnover Historical Data

The historical data trend for Social Leverage Acquisition I'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.

Social Leverage Acquisition I Asset Turnover Chart

Social Leverage Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
- - -

Social Leverage Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Social Leverage Acquisition I's Asset Turnover

For the Shell Companies subindustry, Social Leverage Acquisition I'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.


Social Leverage Acquisition I's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Social Leverage Acquisition I's Asset Turnover falls into.



Social Leverage Acquisition I Asset Turnover Calculation

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

Social Leverage Acquisition I's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (345.81+18.521)/ 2 )
=0/182.1655
=0.00

Social Leverage Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (16.437+16.461)/ 2 )
=0/16.449
=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.


Social Leverage Acquisition I  (NAS:SLAC) Asset Turnover Explanation

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

Social Leverage Acquisition I's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=7.04/7.4075
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.04 / 0)*(0 / 16.449)*(16.449/ 7.4075)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.2206
=ROA %*Equity Multiplier
=42.80 %*2.2206
=95.04 %

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

Social Leverage Acquisition I's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=7.04/16.449
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.04 / 0)*(0 / 16.449)
=Net Margin %*Asset Turnover
= %*0
=42.80 %

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


Social Leverage Acquisition I Asset Turnover Related Terms

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Social Leverage Acquisition I (Social Leverage Acquisition I) Business Description

Traded in Other Exchanges
Address
8390 E. Via de Ventura, Suite F110-207, Scottsdale, AZ, USA, 85258
Social Leverage Acquisition Corp I is a blank check company.
Executives
Paul Grinberg director, officer: COB of Directors C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
Ross Mason director 77 GEARY STREET, SUITE 400, SAN FRANCISCO CA 94108
Social Leverage Acquisition Sponsor I Llc 10 percent owner 8390 E. VIA DE VENTURA SUITE F110-207, SCOTTSDALE AZ 85258
Michael J. Marquez director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Katherine Rosa director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Douglas Horlick officer: President and COO 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Michael Lazerow director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Howard Lindzon director, officer: Chief Executive Officer 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Brian Norgard director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258

Social Leverage Acquisition I (Social Leverage Acquisition I) Headlines