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Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Thunder Bridge Capital Partners IV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Thunder Bridge Capital Partners IV's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Thunder Bridge Capital Partners IV's Total Assets for the quarter that ended in Mar. 2024 was $37.81 Mil. Therefore, Thunder Bridge Capital Partners IV's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Thunder Bridge Capital Partners IV's annualized ROE % for the quarter that ended in Mar. 2024 was -4.03%. It is also linked to ROA % through Du Pont Formula. Thunder Bridge Capital Partners IV's annualized ROA % for the quarter that ended in Mar. 2024 was -2.40%.


Thunder Bridge Capital Partners IV Asset Turnover Historical Data

The historical data trend for Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV Asset Turnover Chart

Thunder Bridge Capital Partners IV Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- - -

Thunder Bridge Capital Partners IV Quarterly Data
Jan21 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 - - - - -

Competitive Comparison of Thunder Bridge Capital Partners IV's Asset Turnover

For the Shell Companies subindustry, Thunder Bridge Capital Partners IV'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.


Thunder Bridge Capital Partners IV's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners IV's Asset Turnover distribution charts can be found below:

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



Thunder Bridge Capital Partners IV Asset Turnover Calculation

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

Thunder Bridge Capital Partners IV'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/( (239.923+37.291)/ 2 )
=0/138.607
=0.00

Thunder Bridge Capital Partners IV'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/( (37.291+38.334)/ 2 )
=0/37.8125
=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.


Thunder Bridge Capital Partners IV  (NAS:THCP) Asset Turnover Explanation

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

Thunder Bridge Capital Partners IV's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.908/22.5315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.908 / 0)*(0 / 37.8125)*(37.8125/ 22.5315)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.6782
=ROA %*Equity Multiplier
=-2.40 %*1.6782
=-4.03 %

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:

Thunder Bridge Capital Partners IV's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.908/37.8125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.908 / 0)*(0 / 37.8125)
=Net Margin %*Asset Turnover
= %*0
=-2.40 %

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.


Thunder Bridge Capital Partners IV Asset Turnover Related Terms

Thank you for viewing the detailed overview of Thunder Bridge Capital Partners IV's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Business Description

Traded in Other Exchanges
N/A
Address
9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Website
Thunder Bridge Capital Partners IV Inc is a blank check company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Wam Gp Llc 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Bip Gp Llc other: Former 10% owner. 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
David E Mangum director
Gary A Simanson director, 10 percent owner, officer: President and CEO 717 KING STREET, ALEXANDRIA VA 22314
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
William A Houlihan officer: Chief Financial Officer 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iv, Llc 10 percent owner 9912 GEORGETOWN PIKE (SUITE D-203), GREAT FALLS VA 22066