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Cartesian Growth (Cartesian Growth) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Cartesian Growth Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cartesian Growth's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Cartesian Growth's Total Assets for the quarter that ended in Sep. 2022 was $346.88 Mil. Therefore, Cartesian Growth's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Cartesian Growth's annualized ROE % for the quarter that ended in Sep. 2022 was 10.14%. It is also linked to ROA % through Du Pont Formula. Cartesian Growth's annualized ROA % for the quarter that ended in Sep. 2022 was 9.47%.


Cartesian Growth Asset Turnover Historical Data

The historical data trend for Cartesian Growth'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.

Cartesian Growth Asset Turnover Chart

Cartesian Growth Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Cartesian Growth Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Cartesian Growth's Asset Turnover

For the Shell Companies subindustry, Cartesian Growth'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.


Cartesian Growth's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Cartesian Growth's Asset Turnover falls into.



Cartesian Growth Asset Turnover Calculation

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

Cartesian Growth's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0.131+345.653)/ 2 )
=0/172.892
=0.00

Cartesian Growth's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (346.167+347.588)/ 2 )
=0/346.8775
=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.


Cartesian Growth  (NAS:GLBL) Asset Turnover Explanation

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

Cartesian Growth's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=32.86/324.0715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(32.86 / 0)*(0 / 346.8775)*(346.8775/ 324.0715)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0704
=ROA %*Equity Multiplier
=9.47 %*1.0704
=10.14 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Cartesian Growth's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=32.86/346.8775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(32.86 / 0)*(0 / 346.8775)
=Net Margin %*Asset Turnover
= %*0
=9.47 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Cartesian Growth Asset Turnover Related Terms

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Cartesian Growth (Cartesian Growth) Business Description

Traded in Other Exchanges
N/A
Address
505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017
Cartesian Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities.
Executives
Cgc Sponsor Llc 10 percent owner 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Peter Yu 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Elias Diaz-sese director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Gregory R. Armstrong director, officer: Chief Financial Officer C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017

Cartesian Growth (Cartesian Growth) Headlines

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