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JZ Capital Partners (LSE:JZCP) Asset Turnover : -0.00 (As of Aug. 2023)


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What is JZ Capital Partners Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JZ Capital Partners's Revenue for the six months ended in Aug. 2023 was £-0.33 Mil. JZ Capital Partners's Total Assets for the quarter that ended in Aug. 2023 was £289.02 Mil. Therefore, JZ Capital Partners's Asset Turnover for the quarter that ended in Aug. 2023 was -0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. JZ Capital Partners's annualized ROE % for the quarter that ended in Aug. 2023 was -1.14%. It is also linked to ROA % through Du Pont Formula. JZ Capital Partners's annualized ROA % for the quarter that ended in Aug. 2023 was -1.00%.


JZ Capital Partners Asset Turnover Historical Data

The historical data trend for JZ Capital Partners'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.

JZ Capital Partners Asset Turnover Chart

JZ Capital Partners Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.32 -0.22 0.02 0.02

JZ Capital Partners Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -0.02 0.04 0.08 -0.07 -

Competitive Comparison of JZ Capital Partners's Asset Turnover

For the Asset Management subindustry, JZ Capital Partners'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.


JZ Capital Partners's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JZ Capital Partners's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JZ Capital Partners's Asset Turnover falls into.



JZ Capital Partners Asset Turnover Calculation

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

JZ Capital Partners's Asset Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2023 )/( (Total Assets (A: Feb. 2022 )+Total Assets (A: Feb. 2023 ))/ count )
=4.702/( (342.508+296.791)/ 2 )
=4.702/319.6495
=0.01

JZ Capital Partners's Asset Turnover for the quarter that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=-0.325/( (296.791+281.256)/ 2 )
=-0.325/289.0235
=-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.


JZ Capital Partners  (LSE:JZCP) Asset Turnover Explanation

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

JZ Capital Partners's annulized ROE % for the quarter that ended in Aug. 2023 is

ROE %**(Q: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-2.894/253.2335
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.894 / -0.65)*(-0.65 / 289.0235)*(289.0235/ 253.2335)
=Net Margin %*Asset Turnover*Equity Multiplier
=445.23 %*-0.0022*1.1413
=ROA %*Equity Multiplier
=-1.00 %*1.1413
=-1.14 %

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

JZ Capital Partners's annulized ROA % for the quarter that ended in Aug. 2023 is

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-2.894/289.0235
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.894 / -0.65)*(-0.65 / 289.0235)
=Net Margin %*Asset Turnover
=445.23 %*-0.0022
=-1.00 %

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


JZ Capital Partners Asset Turnover Related Terms

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JZ Capital Partners (LSE:JZCP) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL
JZ Capital Partners Ltd is a closed-end investment company. Its investment objective is to provide a superior overall return, comprised of current yield and capital appreciation. The company segments include Portfolio of US microcap, European microcap, Real estate and Other Investments. It generates maximum revenue from the US microcap investments segment. The company portfolio is diversified across Western Europe. Its strategies include investments in micro-cap buyouts, mezzanine loans and high-yield securities, senior secured debt and second lien loans, real estate and other debt and equity opportunities, including distressed debt and structured financings, derivatives and opportunistic purchase of publicly traded securities.

JZ Capital Partners (LSE:JZCP) Headlines

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