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Elah Holdings (Elah Holdings) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Elah 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. Elah Holdings's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Elah Holdings's Total Assets for the quarter that ended in Mar. 2024 was $9.63 Mil. Therefore, Elah Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Elah Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -19.25%. It is also linked to ROA % through Du Pont Formula. Elah Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -18.15%.


Elah Holdings Asset Turnover Historical Data

The historical data trend for Elah 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.

Elah Holdings Asset Turnover Chart

Elah Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Elah Holdings 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 Elah Holdings's Asset Turnover

For the Shell Companies subindustry, Elah 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.


Elah Holdings's Asset Turnover Distribution in the Diversified Financial Services Industry

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

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



Elah Holdings Asset Turnover Calculation

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

Elah 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 )
=0.016/( (12.279+9.959)/ 2 )
=0.016/11.119
=0.00

Elah 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 )
=0.003/( (9.959+9.299)/ 2 )
=0.003/9.629
=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.


Elah Holdings  (OTCPK:ELLH) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1.748/9.0805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.748 / 0.012)*(0.012 / 9.629)*(9.629/ 9.0805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14566.67 %*0.0012*1.0604
=ROA %*Equity Multiplier
=-18.15 %*1.0604
=-19.25 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-1.748/9.629
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.748 / 0.012)*(0.012 / 9.629)
=Net Margin %*Asset Turnover
=-14566.67 %*0.0012
=-18.15 %

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.


Elah Holdings Asset Turnover Related Terms

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


Elah Holdings (Elah Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Elah Holdings Inc is a holding company. The Company has operated as one single segment and continues to execute its longstanding business strategy of seeking to acquire profitable businesses in the commercial and industrial markets and supporting the performance of such acquisitions post-closing.
Executives
Randolph E. Brown director 8214 WESTCHESTER DR., STE 950, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Goldman Sachs Asset Management, L.p. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
210/rely Partners, Lp 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/rely Investment, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75219
Brian K Laibow director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Goldman Sachs Bdc, Inc. 10 percent owner 200 WEST STREET, ATT: PRIVATE CREDIT GROUP, NEW YORK NY 10282
Goldman Sachs Private Middle Market Credit Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10298-2198
Goldman Sachs Middle Market Lending Corp. 10 percent owner 200 WEST STREET, NEW YORK NY 10282-2198
Douglas Tabor director 401 N. CARROLL #194, SOUTHLAKE TX 76092
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225