CBSTQ (Cannabist Company Holdings) Asset Turnover: 0.15 (As of Sep. 2025)


What is Cannabist Company Holdings Asset Turnover?

Cannabist Company Holdings CBSTQ -50.00% Asset Turnover is 0.15 as of Sep. 2025. The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cannabist Company Holdings's Revenue for the three months ended in Sep. 2025 was $79.9 Mil. Cannabist Company Holdings's Total Assets for the quarter that ended in Sep. 2025 was $550.2 Mil. Therefore, Cannabist Company Holdings's Asset Turnover for the quarter that ended in Sep. 2025 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Cannabist Company Holdings's annualized ROE % for the quarter that ended in Sep. 2025 was 39.39%. It is also linked to ROA % through Du Pont Formula. Cannabist Company Holdings's annualized ROA % for the quarter that ended in Sep. 2025 was -10.37%.


Cannabist Company Holdings  (OTCPK:CBSTQ) Asset Turnover Explanation

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

Cannabist Company Holdings's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-57.044/-144.8285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-57.044 / 319.648)*(319.648 / 550.1735)*(550.1735/ -144.8285)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.85 %*0.581*-3.7988
=ROA %*Equity Multiplier
=-10.37 %*-3.7988
=39.39 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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:

Cannabist Company Holdings's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=-57.044/550.1735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-57.044 / 319.648)*(319.648 / 550.1735)
=Net Margin %*Asset Turnover
=-17.85 %*0.581
=-10.37 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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.


Cannabist Company Holdings Asset Turnover Related Terms


Cannabist Company Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cannabist Company Holdings'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.

Cannabist Company Holdings Asset Turnover Chart

Cannabist Company Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.32 0.44 0.43 0.56 0.60

Cannabist Company Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 Premium Member Only Premium Member Only 0.15 0.13 0.13 0.14 0.15

CBSTQ vs ZTS: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabist Company Holdings'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.


Cannabist Company Holdings Asset Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabist Company Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cannabist Company Holdings's Asset Turnover falls into.



Cannabist Company Holdings Asset Turnover Calculation

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

Cannabist Company Holdings'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 )
=458.722/( (823.111+696.173)/ 2 )
=458.722/759.642
=0.60

Cannabist Company Holdings's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=79.912/( (563.838+536.509)/ 2 )
=79.912/550.1735
=0.15

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.15 mean?
Cannabist Company Holdings (CBSTQ) has a Asset Turnover of 0.15 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cannabist Company Holdings and its competitors.
Is Cannabist Company Holdings' Asset Turnover too high?
Cannabist Company Holdings' current Asset Turnover is 0.15.
How does Cannabist Company Holdings' Asset Turnover compare to ZTS?
Cannabist Company Holdings' Asset Turnover of 0.15 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Asset Turnover depends on the Drug Manufacturers 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 Cannabist Company Holdings and its competitors. Cannabist Company Holdings's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabist Company Holdings stock overvalued right now?
Cannabist Company Holdings (CBSTQ) has a current Asset Turnover of 0.15. The stock's GF Value™ is $0.17, compared to a current price of $0.00 — trading 99.9% below its estimated fair value. The current Asset Turnover is 0.15. 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 Cannabist Company Holdings (CBSTQ), the current Asset Turnover is 0.15 as of Sep. 2025. 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.

Cannabist Company Holdings Business Description

Address 321 Billerica Road, Suite 204, Chelmsford, MA, USA, 01824
Cannabist Company Holdings Inc through its subsidiaries, operates as a cultivator, manufacturer, and provider of medical and adult-use cannabis products. Some of its products are vaporization oil, sublingual tinctures, lotions, hard-pressed tablets, and suppositories, among others which are marketed through brands like Classix, dreamt, Triple Seven, Amber, Press, Heady, and Seed and Strain. The company operates its businesses in California, Colorado, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.