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Ault Alliance (Ault Alliance) Asset Turnover : 0.15 (As of Mar. 2024)


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What is Ault Alliance Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ault Alliance's Revenue for the three months ended in Mar. 2024 was $44.9 Mil. Ault Alliance's Total Assets for the quarter that ended in Mar. 2024 was $299.5 Mil. Therefore, Ault Alliance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Ault Alliance's annualized ROE % for the quarter that ended in Mar. 2024 was 28.68%. It is also linked to ROA % through Du Pont Formula. Ault Alliance's annualized ROA % for the quarter that ended in Mar. 2024 was 4.96%.


Ault Alliance Asset Turnover Historical Data

The historical data trend for Ault Alliance'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.

Ault Alliance Asset Turnover Chart

Ault Alliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.40 0.19 0.22 0.36

Ault Alliance Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 0.05 0.11 0.13 0.11 0.15

Competitive Comparison of Ault Alliance's Asset Turnover

For the Aerospace & Defense subindustry, Ault Alliance'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.


Ault Alliance's Asset Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ault Alliance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ault Alliance's Asset Turnover falls into.



Ault Alliance Asset Turnover Calculation

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

Ault Alliance'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 )
=156.444/( (561.514+299.19)/ 2 )
=156.444/430.352
=0.36

Ault Alliance'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 )
=44.932/( (299.19+299.777)/ 2 )
=44.932/299.4835
=0.15

* 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.


Ault Alliance  (AMEX:AULT) Asset Turnover Explanation

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

Ault Alliance's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=14.868/51.8345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.868 / 179.728)*(179.728 / 299.4835)*(299.4835/ 51.8345)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.27 %*0.6001*5.7777
=ROA %*Equity Multiplier
=4.96 %*5.7777
=28.68 %

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:

Ault Alliance's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=14.868/299.4835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.868 / 179.728)*(179.728 / 299.4835)
=Net Margin %*Asset Turnover
=8.27 %*0.6001
=4.96 %

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.


Ault Alliance Asset Turnover Related Terms

Thank you for viewing the detailed overview of Ault Alliance's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Ault Alliance (Ault Alliance) Business Description

Traded in Other Exchanges
N/A
Address
11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141
Ault Alliance Inc is a diversified holding company. It operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. The company has eight reportable segments: Energy and Infrastructure; Technology and Finance; The Singing Machine Company, Inc; BitNile, Inc; Giga-tronics Incorporated; Imperalis Holding Corp., also referred to as TurnOnGreen; Ault Real Estate Equities, Inc and Ault Disruptive Technologies Corporation.
Executives
Ault Milton C Iii director 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Howard Ash director 4233 SHERIDAN AVE, MIAMI BEACH FL 33140
Robert O Smith 10 percent owner DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Ault & Company, Inc. director, officer: See Remark 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
William B. Horne director C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Glen E Tellock director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Kenneth S Cragun officer: See Remarks 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Jodi Brichan director C/O DPW HOLDINGS, INC., 201 SHIPYARD WAY, SUITE E, NEWPORT BEACH CA 92663
Ding Gu 10 percent owner 208 LAUREL CREEK BLVD., MOORESTOWN NJ 08057
Henry Carl Nisser officer: Executive VP & General Counsel 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kristine L Ault director, 10 percent owner P.O. BOX 3587, TUSTIN CA 92781
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Philou Ventures, Llc 10 percent owner P.O. BOX 3587, TUSTIN CA 92781
Mordechai Rosenberg director 1 BROSH STREET, KFAR SABA L3 4438240
Amos Kohn director 48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538

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