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Flower One Holdings (FRA:F11) Asset Turnover : 0.07 (As of Jun. 2022)


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What is Flower One Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Flower One Holdings's Revenue for the three months ended in Jun. 2022 was €7.47 Mil. Flower One Holdings's Total Assets for the quarter that ended in Jun. 2022 was €107.85 Mil. Therefore, Flower One Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Flower One Holdings's annualized ROE % for the quarter that ended in Jun. 2022 was 190.31%. It is also linked to ROA % through Du Pont Formula. Flower One Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was -18.84%.


Flower One Holdings Asset Turnover Historical Data

The historical data trend for Flower One 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.

* Premium members only.

Flower One Holdings Asset Turnover Chart

Flower One Holdings Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.09 0.18 0.49

Flower One Holdings Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.14 0.12 0.10 0.08 0.07

Competitive Comparison of Flower One Holdings's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Flower One 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.


Flower One Holdings's Asset Turnover Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Flower One Holdings's Asset Turnover falls into.



Flower One Holdings Asset Turnover Calculation

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

Flower One Holdings's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=51.646/( (107.026+104.265)/ 2 )
=51.646/105.6455
=0.49

Flower One Holdings's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=7.472/( (106.988+108.711)/ 2 )
=7.472/107.8495
=0.07

* 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.


Flower One Holdings  (FRA:F11) Asset Turnover Explanation

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

Flower One Holdings's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-20.316/-10.675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.316 / 29.888)*(29.888 / 107.8495)*(107.8495/ -10.675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-67.97 %*0.2771*-10.103
=ROA %*Equity Multiplier
=-18.84 %*-10.103
=190.31 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Flower One Holdings's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-20.316/107.8495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.316 / 29.888)*(29.888 / 107.8495)
=Net Margin %*Asset Turnover
=-67.97 %*0.2771
=-18.84 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Flower One Holdings Asset Turnover Related Terms

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Flower One Holdings (FRA:F11) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, The Guinness Tower, Vancouver, BC, CAN, V6E 2E9
Flower One Holdings Inc through its wholly?owned subsidiaries, is a cannabis cultivator and producer and is licensed for medical and recreational cannabis cultivation and production in the State of Nevada. Its properties will be used for cannabis cultivation as well as the processing, production, and high-volume packaging of dry flower, cannabis oils, concentrates, and infused products. It produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for the top-performing brands in cannabis.

Flower One Holdings (FRA:F11) Headlines

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