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Roth CH Acquisition Co (Roth CH Acquisition Co) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Roth CH Acquisition Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Roth CH Acquisition Co's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Roth CH Acquisition Co's Total Assets for the quarter that ended in Mar. 2024 was $23.75 Mil. Therefore, Roth CH Acquisition Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Roth CH Acquisition Co's annualized ROE % for the quarter that ended in Mar. 2024 was 5.13%. It is also linked to ROA % through Du Pont Formula. Roth CH Acquisition Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.70%.


Roth CH Acquisition Co Asset Turnover Historical Data

The historical data trend for Roth CH Acquisition Co'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.

Roth CH Acquisition Co Asset Turnover Chart

Roth CH Acquisition Co Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Roth CH Acquisition Co Quarterly Data
Apr21 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 - - - - -

Competitive Comparison of Roth CH Acquisition Co's Asset Turnover

For the Shell Companies subindustry, Roth CH Acquisition Co'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.


Roth CH Acquisition Co's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Roth CH Acquisition Co's Asset Turnover falls into.



Roth CH Acquisition Co Asset Turnover Calculation

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

Roth CH Acquisition Co'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/( (238.448+23.531)/ 2 )
=0/130.9895
=0.00

Roth CH Acquisition Co'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/( (23.531+23.974)/ 2 )
=0/23.7525
=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.


Roth CH Acquisition Co  (OTCPK:USCTD) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1.116/21.7715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.116 / 0)*(0 / 23.7525)*(23.7525/ 21.7715)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.091
=ROA %*Equity Multiplier
=4.70 %*1.091
=5.13 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=1.116/23.7525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.116 / 0)*(0 / 23.7525)
=Net Margin %*Asset Turnover
= %*0
=4.70 %

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.


Roth CH Acquisition Co Asset Turnover Related Terms

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Roth CH Acquisition Co (Roth CH Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 600, El Segundo, CA, USA, 90245
Roth CH Acquisition Co Formerly TKB Critical Technologies 1 is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
William Zerella director C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Angela Blatteis director, 10 percent owner, officer: Co-CEO and CFO 7 BEVERLY PARK, BEVERLY HILLS CA 90210
Philippe Tartavull director, 10 percent owner, officer: Executive Chairman 2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Tkb Sponsor I, Llc 10 percent owner 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Michael Herson director 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Greg M Klein director, 10 percent owner, officer: Co-Chief Executive Officer 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245