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Zeta Global Holdings (Zeta Global Holdings) Asset Turnover : 0.35 (As of Mar. 2024)


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What is Zeta Global Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Zeta Global Holdings's Revenue for the three months ended in Mar. 2024 was $194.9 Mil. Zeta Global Holdings's Total Assets for the quarter that ended in Mar. 2024 was $550.5 Mil. Therefore, Zeta Global Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Zeta Global Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -85.06%. It is also linked to ROA % through Du Pont Formula. Zeta Global Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -28.75%.


Zeta Global Holdings Asset Turnover Historical Data

The historical data trend for Zeta Global Holdings'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.

Zeta Global Holdings Asset Turnover Chart

Zeta Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.98 1.23 1.34 1.37 1.43

Zeta Global Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.36 0.38 0.40 0.35

Competitive Comparison of Zeta Global Holdings's Asset Turnover

For the Software - Application subindustry, Zeta Global Holdings'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.


Zeta Global Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Zeta Global Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zeta Global Holdings's Asset Turnover falls into.



Zeta Global Holdings Asset Turnover Calculation

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

Zeta Global Holdings'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 )
=728.723/( (466.502+550.714)/ 2 )
=728.723/508.608
=1.43

Zeta Global Holdings'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 )
=194.947/( (550.714+550.292)/ 2 )
=194.947/550.503
=0.35

* 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.


Zeta Global Holdings  (NYSE:ZETA) Asset Turnover Explanation

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

Zeta Global Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-158.264/186.0605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-158.264 / 779.788)*(779.788 / 550.503)*(550.503/ 186.0605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.3 %*1.4165*2.9587
=ROA %*Equity Multiplier
=-28.75 %*2.9587
=-85.06 %

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:

Zeta Global Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-158.264/550.503
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-158.264 / 779.788)*(779.788 / 550.503)
=Net Margin %*Asset Turnover
=-20.3 %*1.4165
=-28.75 %

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.


Zeta Global Holdings Asset Turnover Related Terms

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Zeta Global Holdings (Zeta Global Holdings) Business Description

Traded in Other Exchanges
Address
3 Park Avenue, 33rd Floor, New York, NY, USA, 10016
Zeta Global Holdings Corp is an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail.
Executives
Satish Ravella officer: Senior Vice President, Finance C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
Robert H Niehaus director, 10 percent owner 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Jeanine Silberblatt director C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
Jene Elzie director C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
William Landman director C/O RUS BERRIE AND COMPAN, INC.,, 111 BAUER DRIVE, OAKLAND NJ 07436
Greenhill Capital Partners (ghl) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners (employees) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners (cayman Islands) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Gcp Capital Partners (cayman) Iv, L.p. 10 percent owner C/O GCP CAPITAL PARTNERS LLC, 600 LEXINGTON AVENUE, NEW YORK NY 10022
Gcp Capital Partners Iv, L.p. 10 percent owner C/O GCP CAPITAL PARTNERS LLC, 600 LEXINGTON AVENUE, NEW YORK NY 10022
John Sculley director C/O KALEIDO BIOSCIENCES, INC., 65 HAYDEN AVENUE, LEXINGTON MA 02421
Gpi Capital Gemini Holdco Lp director, 10 percent owner C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
David Steinberg director, 10 percent owner, officer: Chief Executive Officer 1010 WISCONSIN AVE, SUITE 600, WASHINGTON DC 20007
William T. Royan director C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105