Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brownie's Marine Group's Revenue for the
three
months ended in Mar. 2026 was $2.12 Mil. Brownie's Marine Group's Total Assets for the quarter that ended in Mar. 2026 was $5.51 Mil. Therefore, Brownie's Marine Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.38.
Asset Turnover is linked to ROE % through Du Pont Formula. Brownie's Marine Group's annualizedROE % for the quarter that ended in Mar. 2026 was 90.11%. It is also linked to ROA % through Du Pont Formula. Brownie's Marine Group's annualizedROA % for the quarter that ended in Mar. 2026 was 35.80%.
Brownie's Marine Group (OTCPK:BWMG) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Brownie's Marine Group's annulizedROE % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:
Brownie's Marine Group's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Brownie's Marine Group Asset Turnover Related Terms
Brownie's Marine Group Asset Turnover Historical Data
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The historical data trend for Brownie's Marine Group'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.
BWMG vs TRUG, AIBT, SPQS: Asset Turnover Comparison
For the Leisure subindustry, Brownie's Marine Group'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.
Brownie's Marine Group Asset Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Brownie's Marine Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Brownie's Marine Group's Asset Turnover falls into.
* 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.
Brownie's Marine Group (BWMG) has a Asset Turnover of 0.38 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Brownie's Marine Group and its competitors.
Is Brownie's Marine Group's Asset Turnover too high?
Brownie's Marine Group's current Asset Turnover is 0.38.
How does Brownie's Marine Group's Asset Turnover compare to TRUG and AIBT?
Brownie's Marine Group's Asset Turnover of 0.38 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Brownie's Marine Group and its competitors. Brownie's Marine Group's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brownie's Marine Group stock overvalued right now?
Based on GuruFocus' analysis, Brownie's Marine Group (BWMG) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 40% below its estimated fair value. The current Asset Turnover is 0.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Brownie's Marine Group (BWMG), the current Asset Turnover is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Brownie's Marine Group Inc is a marine technology company that operates through its subsidiaries focused on portable air, underwater breathing, safety, and marine technologies. It designs, tests, manufactures and distributes recreational hookah diving, scuba and water safety products; high pressure air and industrial compressor packages, yacht-based scuba air compressor and nitrox generation systems. It develops and markets portable battery powered surface supplied air dive systems; and high-pressure tanks and redundant air systems for the military and recreational diving industries. It serves recreational, professional, safety, industrial, and government-adjacent markets. The company derives maximum revenue from Redundant Air Tank Systems.
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