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Yale Transaction Finders (Yale Transaction Finders) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Yale Transaction Finders Asset Turnover?

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

Asset Turnover is linked to ROE % through Du Pont Formula. Yale Transaction Finders's annualized ROE % for the quarter that ended in Mar. 2024 was 40.45%. It is also linked to ROA % through Du Pont Formula. Yale Transaction Finders's annualized ROA % for the quarter that ended in Mar. 2024 was -1,200.00%.


Yale Transaction Finders Asset Turnover Historical Data

The historical data trend for Yale Transaction Finders'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.

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Yale Transaction Finders Asset Turnover Chart

Yale Transaction Finders Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Yale Transaction Finders Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Yale Transaction Finders's Asset Turnover

For the Shell Companies subindustry, Yale Transaction Finders'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.


Yale Transaction Finders's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Yale Transaction Finders's Asset Turnover falls into.



Yale Transaction Finders Asset Turnover Calculation

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

Yale Transaction Finders'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/( (0.013+0.003)/ 2 )
=0/0.008
=0.00

Yale Transaction Finders'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/( (0.003+0)/ 1 )
=0/0.003
=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.


Yale Transaction Finders  (OTCPK:YTFD) Asset Turnover Explanation

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

Yale Transaction Finders's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.036/-0.089
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.036 / 0)*(0 / 0.003)*(0.003/ -0.089)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0337
=ROA %*Equity Multiplier
=-1,200.00 %*-0.0337
=40.45 %

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:

Yale Transaction Finders's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.036/0.003
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.036 / 0)*(0 / 0.003)
=Net Margin %*Asset Turnover
= %*0
=-1,200.00 %

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.


Yale Transaction Finders Asset Turnover Related Terms

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Yale Transaction Finders (Yale Transaction Finders) Business Description

Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, New York, NY, USA, 10174
Website
Yale Transaction Finders Inc is a shell company.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: CEO, CFO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Arnold P Kling 10 percent owner, officer: President, Treasurer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Thomas W Colligan director, officer: See Remarks 5528 WESTCOTT CIRCLE, FREDERICK MD 21703
Fountainhead Capital Management Ltd 10 percent owner PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
La Pergola Investments Ltd 10 percent owner 1 PORTMAN HOUSE, HUE STREET ST HELLIER, JERSEY CHANNEL ISLAN X0 JE45RP
Geoffrey Greenwood director, 10 percent owner, officer: President,Secreatary 2045 KETTNER BLVD., SUITE 101, SAN DIEGO CA 92101

Yale Transaction Finders (Yale Transaction Finders) Headlines

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