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Coin Citadel (Coin Citadel) Asset Turnover : 0.01 (As of Jun. 2023)


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What is Coin Citadel Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Coin Citadel's Revenue for the six months ended in Jun. 2023 was $ Mil. Coin Citadel's Total Assets for the quarter that ended in Jun. 2023 was $ Mil. Therefore, Coin Citadel's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Coin Citadel's annualized ROE % for the quarter that ended in Jun. 2023 was %. It is also linked to ROA % through Du Pont Formula. Coin Citadel's annualized ROA % for the quarter that ended in Jun. 2023 was %.


Coin Citadel Asset Turnover Historical Data

The historical data trend for Coin Citadel'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.

Coin Citadel Asset Turnover Chart

Coin Citadel Annual Data
Trend
Asset Turnover

Coin Citadel Semi-Annual Data
Jun23
Asset Turnover 0.01

Competitive Comparison of Coin Citadel's Asset Turnover

For the Capital Markets subindustry, Coin Citadel'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.


Coin Citadel's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Citadel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Coin Citadel's Asset Turnover falls into.



Coin Citadel Asset Turnover Calculation

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

Coin Citadel's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Coin Citadel's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Jun. 2023 ))/ count )
=/( (+)/ )
=/
=

* 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.


Coin Citadel  (OTCPK:CCTL) Asset Turnover Explanation

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

Coin Citadel's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Coin Citadel's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Coin Citadel Asset Turnover Related Terms

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Coin Citadel (Coin Citadel) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Reno, NV, USA, 89502
Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).

Coin Citadel (Coin Citadel) Headlines