GGLT (Giant Group) Asset Turnover: 0.00 (As of Sep. 2004)


What is Giant Group Asset Turnover?

Giant Group GGLT Asset Turnover is 0.00 as of Sep. 2004.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Giant Group's Revenue for the three months ended in Sep. 2004 was $0.00 Mil. Giant Group's Total Assets for the quarter that ended in Sep. 2004 was $18.54 Mil. Therefore, Giant Group's Asset Turnover for the quarter that ended in Sep. 2004 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Giant Group's annualized ROE % for the quarter that ended in Sep. 2004 was 21.94%. It is also linked to ROA % through Du Pont Formula. Giant Group's annualized ROA % for the quarter that ended in Sep. 2004 was 13.55%.


Giant Group  (OTCPK:GGLT) Asset Turnover Explanation

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

Giant Group's annulized ROE % for the quarter that ended in Sep. 2004 is

ROE %**(Q: Sep. 2004 )
=Net Income/Total Stockholders Equity
=2.512/11.451
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.512 / 0)*(0 / 18.5365)*(18.5365/ 11.451)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.6188
=ROA %*Equity Multiplier
=13.55 %*1.6188
=21.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) 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:

Giant Group's annulized ROA % for the quarter that ended in Sep. 2004 is

ROA %(Q: Sep. 2004 )
=Net Income/Total Assets
=2.512/18.5365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.512 / 0)*(0 / 18.5365)
=Net Margin %*Asset Turnover
= %*0
=13.55 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) 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.


Giant Group Asset Turnover Related Terms


Giant Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Giant 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.

Giant Group Asset Turnover Chart

Giant Group Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 0.00 0.00 0.00 0.00

Giant Group Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 0.00 0.00 0.00 0.00 0.00

GGLT vs BDVB, BURG, DBUB: Asset Turnover Comparison

For the Restaurants subindustry, Giant 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.


Giant Group Asset Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Giant Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Giant Group's Asset Turnover falls into.



Giant Group Asset Turnover Calculation

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

Giant Group's Asset Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2003 )/( (Total Assets (A: Dec. 2002 )+Total Assets (A: Dec. 2003 ))/ count )
=0/( (6.56+11.868)/ 2 )
=0/9.214
=0.00

Giant Group's Asset Turnover for the quarter that ended in Sep. 2004 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2004 )/( (Total Assets (Q: Jun. 2004 )+Total Assets (Q: Sep. 2004 ))/ count )
=0/( (17.972+19.101)/ 2 )
=0/18.5365
=0.00

* 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 0.00 mean?
Giant Group (GGLT) has a Asset Turnover of 0.00 as of Sep. 2004. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Giant Group and its competitors.
Is Giant Group's Asset Turnover too high?
Giant Group's current Asset Turnover is 0.00.
How does Giant Group's Asset Turnover compare to BDVB and BURG?
Giant Group's Asset Turnover of 0.00 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 Giant Group and its competitors. Giant Group's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Group stock overvalued right now?
Giant Group (GGLT) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Giant Group (GGLT), the current Asset Turnover is 0.00 as of Sep. 2004. 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.

Giant Group Business Description

Address 9440 Santa Monica Boulevard, Suite 407, Beverly Hills, CA, USA, 90210
Giant Group Ltd is engaged in the double drive-thru hamburger restaurant business in the United States.