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Granite City Food & Brewery (Granite City Food & Brewery) Asset Turnover

: 0.53 (As of Jun. 2017)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Granite City Food & Brewery's Revenue for the three months ended in Jun. 2017 was $36.8 Mil. Granite City Food & Brewery's Total Assets for the quarter that ended in Jun. 2017 was $69.2 Mil. Therefore, Granite City Food & Brewery's Asset Turnover for the quarter that ended in Jun. 2017 was 0.53.

Asset Turnover is linked to ROE % through Du Pont Formula. Granite City Food & Brewery's annualized ROE % for the quarter that ended in Jun. 2017 was 32.01%. It is also linked to ROA % through Du Pont Formula. Granite City Food & Brewery's annualized ROA % for the quarter that ended in Jun. 2017 was -5.04%.


Granite City Food & Brewery Asset Turnover Historical Data

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 1.94 1.99 2.06 1.99

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.48 0.49 0.52 0.53

Competitive Comparison

For the Restaurants subindustry, Granite City Food & Brewery'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.


Granite City Food & Brewery Asset Turnover Distribution

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Asset Turnover falls into.



Granite City Food & Brewery Asset Turnover Calculation

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

Granite City Food & Brewery's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=150.302/( (76.244+74.654)/ 2 )
=150.302/75.449
=1.99

Granite City Food & Brewery's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=36.811/( (70.952+67.481)/ 2 )
=36.811/69.2165
=0.53

* 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.


Granite City Food & Brewery  (OTCPK:GCFB) Asset Turnover Explanation

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

Granite City Food & Brewery's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-3.488/-10.8965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.488 / 147.244)*(147.244 / 69.2165)*(69.2165/ -10.8965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.37 %*2.1273*-6.3522
=ROA %*Equity Multiplier
=-5.04 %*-6.3522
=32.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

Granite City Food & Brewery's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-3.488/69.2165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.488 / 147.244)*(147.244 / 69.2165)
=Net Margin %*Asset Turnover
=-2.37 %*2.1273
=-5.04 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Granite City Food & Brewery Asset Turnover Related Terms

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Granite City Food & Brewery (Granite City Food & Brewery) Business Description

Traded in Other Exchanges
N/A
Address
3600 American Boulevard West, Suite 400, Bloomington, MN, USA, 55431
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.
Executives
Lou Mucci director 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Peter Hausback officer: Chief Financial Officer 201 W NORTH RIVER DR, STE 100, SPOKANE WA 99201
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Gary S Kohler 10 percent owner 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Whitebox Intermarket Partners Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Advisors, Llc 10 percent owner 3033 EXCELSIOR BOULEVARD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund, Ltd. 10 percent owner TRIDENT TRUST COMPANY (BVI) LIMITED, TRIDENT CHMBRS WATERFRONT DR WICKHAM CAY, ROAD TOWN, TORTOLA D8 00000

Granite City Food & Brewery (Granite City Food & Brewery) Headlines