GTIM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GTIM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Good Times Restaurants's Total Assets for the quarter that ended in Mar. 2024 was $89.0 Mil.
During the past 12 months, Good Times Restaurants's average Total Assets Growth Rate was -1.80% per year. During the past 3 years, the average Total Assets Growth Rate was -0.50% per year. During the past 5 years, the average Total Assets Growth Rate was 8.80% per year. During the past 10 years, the average Total Assets Growth Rate was 31.10% per year.
During the past 13 years, Good Times Restaurants's highest 3-Year average Total Assets Growth Rate was 121.50%. The lowest was -22.10%. And the median was 6.95%.
Total Assets is connected with ROA %. Good Times Restaurants's annualized ROA % for the quarter that ended in Mar. 2024 was 2.76%. Total Assets is also linked to Revenue through Asset Turnover. Good Times Restaurants's Asset Turnover for the quarter that ended in Mar. 2024 was 0.40.
The historical data trend for Good Times Restaurants's Total Assets 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.
Good Times Restaurants Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Total Assets | Get a 7-Day Free Trial |
![]() |
![]() |
59.91 | 99.69 | 93.68 | 86.39 | 91.09 |
Good Times Restaurants Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
91.90 | 91.26 | 91.09 | 90.12 | 88.96 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Good Times Restaurants's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
Total Assets | = | Total Equity (A: Sep. 2023 ) | + | Total Liabilities (A: Sep. 2023 ) |
= | 32.994 | + | 58.094 | |
= | 91.1 |
Good Times Restaurants's Total Assets for the quarter that ended in Mar. 2024 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2024 ) | + | Total Liabilities (Q: Mar. 2024 ) |
= | 32.135 | + | 56.82 | |
= | 89.0 |
* 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.
Good Times Restaurants (NAS:GTIM) Total Assets Explanation
Total Assets is connected with ROA %.
Good Times Restaurants's annualized ROA % for the quarter that ended in Mar. 2024 is
ROA % | = | Net Income (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 2.472 | / | ( (90.121 | + | 88.955) | / 2 ) | |
= | 2.472 | / | 89.538 | ||||
= | 2.76 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.
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.
Total Assets is linked to total revenue through Asset Turnover.
Good Times Restaurants's Asset Turnover for the quarter that ended in Mar. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 35.438 | / | ( (90.121 | + | 88.955) | / 2 ) |
= | 35.438 | / | 89.538 | |||
= | 0.40 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Good Times Restaurants's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Donald L Stack | officer: SVP of Operations | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Ryan M Zink | officer: Chief Financial Officer | 141 UNION BOULEVARD #400, LAKEWOOD CO 80228 |
Jennifer C Stetson | director | 3753 EL SERENO AVENUE, ALTADENTA CA 91001 |
Matthew Karnes | officer: Sr Vice President of Finance | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Margaret E Regalia | officer: Vice President of Finance | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Scott Lefever | officer: VICE PRESIDENT | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Charles E Jobson | 10 percent owner | |
Robert J Stetson | director | 14901 QUORUM DRIVE, DALLAS TX 75254 |
Susan M Knutson | officer: Controller | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Jason Maceda | director | C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021 |
Geoffrey R Bailey | director | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Boyd E Hoback | officer: President and CEO | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Alan A Teran | director | 2126 KNOLLWOOD DR, BOULDER CO 80302 |
Eric W Reinhard | director | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Delta Partners Llc | 10 percent owner | 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110 |
From GuruFocus
By Business Wire • 10-19-2023
By Business Wire Business Wire • 12-16-2021
By Business Wire Business Wire • 01-27-2022
By Business Wire • 01-02-2024
By Business Wire Business Wire • 04-28-2022
By Business Wire Business Wire • 05-02-2023
By Business Wire Business Wire • 02-03-2022
By Business Wire • 07-26-2023
By Business Wire Business Wire • 04-12-2022
By Business Wire Business Wire • 12-08-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.