FUNN (Amfil Technologies) Asset Turnover: 2.23 (As of Jun. 2023)


What is Amfil Technologies Asset Turnover?

Amfil Technologies FUNN +25.00% Asset Turnover is 2.23 as of Jun. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amfil Technologies's Revenue for the six months ended in Jun. 2023 was $9.01 Mil. Amfil Technologies's Total Assets for the quarter that ended in Jun. 2023 was $4.03 Mil. Therefore, Amfil Technologies's Asset Turnover for the quarter that ended in Jun. 2023 was 2.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Amfil Technologies's annualized ROE % for the quarter that ended in Jun. 2023 was 45.76%. It is also linked to ROA % through Du Pont Formula. Amfil Technologies's annualized ROA % for the quarter that ended in Jun. 2023 was -53.60%.

Amfil Technologies  (OTCPK:FUNN) Asset Turnover Explanation

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

Amfil Technologies's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-2.162/-4.725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.162 / 18.018)*(18.018 / 4.0335)*(4.0335/ -4.725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12 %*4.4671*-0.8537
=ROA %*Equity Multiplier
=-53.60 %*-0.8537
=45.76 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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:

Amfil Technologies's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-2.162/4.0335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.162 / 18.018)*(18.018 / 4.0335)
=Net Margin %*Asset Turnover
=-12 %*4.4671
=-53.60 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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.

Amfil Technologies Asset Turnover Related Terms

Amfil Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Amfil Technologies'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.

Amfil Technologies Asset Turnover Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 3.83 3.31 1.82 2.23

Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
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 2.71 3.83 3.31 1.82 2.23

FUNN vs AXXA, RJDG, PTEEF: Asset Turnover Comparison

For the Conglomerates subindustry, Amfil Technologies'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.

Amfil Technologies Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Amfil Technologies's Asset Turnover falls into.


Amfil Technologies Asset Turnover Calculation

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

Amfil Technologies's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=9.009/( (4.084+3.983)/ 2 )
=9.009/4.0335
=2.23

Amfil Technologies's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=9.009/( (4.084+3.983)/ 2 )
=9.009/4.0335
=2.23

* 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 2.23 mean?
Amfil Technologies (FUNN) has a Asset Turnover of 2.23 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Amfil Technologies and its competitors.
Is Amfil Technologies' Asset Turnover too high?
Amfil Technologies' current Asset Turnover is 2.23.
How does Amfil Technologies' Asset Turnover compare to AXXA and RJDG?
Amfil Technologies' Asset Turnover of 2.23 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Asset Turnover depends on the Conglomerates 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 Amfil Technologies and its competitors. Amfil Technologies's current Asset Turnover is 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Asset Turnover of 2.23. The current Asset Turnover is 2.23. 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 Amfil Technologies (FUNN), the current Asset Turnover is 2.23 as of Jun. 2023. 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.

Amfil Technologies Business Description

Address 600 Bloor Street West, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.