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AFCG (Advanced Flower Capital) Asset Turnover : 0.02 (As of Dec. 2024)


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What is Advanced Flower Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Advanced Flower Capital's Revenue for the three months ended in Dec. 2024 was $7.49 Mil. Advanced Flower Capital's Total Assets for the quarter that ended in Dec. 2024 was $384.34 Mil. Therefore, Advanced Flower Capital's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Advanced Flower Capital's annualized ROE % for the quarter that ended in Dec. 2024 was -1.95%. It is also linked to ROA % through Du Pont Formula. Advanced Flower Capital's annualized ROA % for the quarter that ended in Dec. 2024 was -1.03%.


Advanced Flower Capital Asset Turnover Historical Data

The historical data trend for Advanced Flower Capital'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.

Advanced Flower Capital Asset Turnover Chart

Advanced Flower Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
- 0.14 0.15 0.11 0.08

Advanced Flower Capital Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.02 0.02 0.04 0.01 0.02

Competitive Comparison of Advanced Flower Capital's Asset Turnover

For the REIT - Mortgage subindustry, Advanced Flower Capital'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.


Advanced Flower Capital's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advanced Flower Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Advanced Flower Capital's Asset Turnover falls into.


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Advanced Flower Capital Asset Turnover Calculation

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

Advanced Flower Capital's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=35.755/( (466.585+402.057)/ 2 )
=35.755/434.321
=0.08

Advanced Flower Capital's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=7.485/( (366.618+402.057)/ 2 )
=7.485/384.3375
=0.02

* 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.


Advanced Flower Capital  (NAS:AFCG) Asset Turnover Explanation

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

Advanced Flower Capital's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-3.968/203.7185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.968 / 29.94)*(29.94 / 384.3375)*(384.3375/ 203.7185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.25 %*0.0779*1.8866
=ROA %*Equity Multiplier
=-1.03 %*1.8866
=-1.95 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Advanced Flower Capital's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-3.968/384.3375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.968 / 29.94)*(29.94 / 384.3375)
=Net Margin %*Asset Turnover
=-13.25 %*0.0779
=-1.03 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Advanced Flower Capital Asset Turnover Related Terms

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


Advanced Flower Capital Business Description

Traded in Other Exchanges
Address
477 S. Rosemary Avenue, Suite 301, West Palm Beach, FL, USA, 33401
Advanced Flower Capital Inc is a commercial mortgage REIT that provides institutional loans to cannabis operators in the U.S. Through the management team's deep network and related credit and cannabis expertise. The company originates, structures, and underwrites loans secured by quality real estate assets, license value, and cash flows.
Executives
Leonard M Tannenbaum director, 10 percent owner, officer: Chief Executive Officer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robyn Tannenbaum officer: Managing Director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
James C. Fagan director 123 HARBOR DRIVE, UNIT 211, STAMFORD CT 06902
Brandon Hetzel officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Jonathan Gilbert Kalikow director, 10 percent owner, officer: Head of Real Estate 101 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10178
Brett Kaufman officer: CFO and Treasurer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Marnie Migatz Sudnow director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Thomas L Harrison director
Jodi Hanson Bond director 777 WEST PUTNAM AVENUE, 3RD FLOOR, GREENWICH CT 06830
Alexander C Frank director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robert L Levy director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Tomer Tzur director 7545 SW 54TH AVENUE, MIAMI FL 33143
Thomas Geoffroy officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401