GRSO (Grow Solutions Holdings) Asset Turnover: 1.05 (As of Dec. 2016)


What is Grow Solutions Holdings Asset Turnover?

Grow Solutions Holdings GRSO -98.00% Asset Turnover is 1.05 as of Dec. 2016.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Grow Solutions Holdings's Revenue for the three months ended in Dec. 2016 was $2.03 Mil. Grow Solutions Holdings's Total Assets for the quarter that ended in Dec. 2016 was $1.94 Mil. Therefore, Grow Solutions Holdings's Asset Turnover for the quarter that ended in Dec. 2016 was 1.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Grow Solutions Holdings's annualized ROE % for the quarter that ended in Dec. 2016 was 592.87%. It is also linked to ROA % through Du Pont Formula. Grow Solutions Holdings's annualized ROA % for the quarter that ended in Dec. 2016 was -428.79%.


Grow Solutions Holdings  (OTCPK:GRSO) Asset Turnover Explanation

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

Grow Solutions Holdings's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-8.312/-1.402
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.312 / 8.124)*(8.124 / 1.9385)*(1.9385/ -1.402)
=Net Margin %*Asset Turnover*Equity Multiplier
=-102.31 %*4.1909*-1.3827
=ROA %*Equity Multiplier
=-428.79 %*-1.3827
=592.87 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

Grow Solutions Holdings's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=-8.312/1.9385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.312 / 8.124)*(8.124 / 1.9385)
=Net Margin %*Asset Turnover
=-102.31 %*4.1909
=-428.79 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Grow Solutions Holdings Asset Turnover Related Terms


Grow Solutions Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Grow Solutions 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.

Grow Solutions Holdings Asset Turnover Chart

Grow Solutions Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.99 3.15

Grow Solutions Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.80 0.62 0.80 0.88 1.05

GRSO vs PTXTQ, OPTI, INQD: Asset Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Grow Solutions 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.


Grow Solutions Holdings Asset Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Grow Solutions Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Grow Solutions Holdings's Asset Turnover falls into.



Grow Solutions Holdings Asset Turnover Calculation

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

Grow Solutions Holdings's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=6.781/( (2.23+2.072)/ 2 )
=6.781/2.151
=3.15

Grow Solutions Holdings's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=2.031/( (1.805+2.072)/ 2 )
=2.031/1.9385
=1.05

* 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 1.05 mean?
Grow Solutions Holdings (GRSO) has a Asset Turnover of 1.05 as of Dec. 2016. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grow Solutions Holdings and its competitors.
Is Grow Solutions Holdings' Asset Turnover too high?
Grow Solutions Holdings' current Asset Turnover is 1.05.
How does Grow Solutions Holdings' Asset Turnover compare to PTXTQ and OPTI?
Grow Solutions Holdings' Asset Turnover of 1.05 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Grow Solutions Holdings and its competitors. Grow Solutions Holdings's current Asset Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grow Solutions Holdings stock overvalued right now?
Grow Solutions Holdings (GRSO) has a current Asset Turnover of 1.05. The current Asset Turnover is 1.05. 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 Grow Solutions Holdings (GRSO), the current Asset Turnover is 1.05 as of Dec. 2016. 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.

Grow Solutions Holdings Business Description

Address 430 Franklin Village Drive, Franklin, MA, USA, 02038
Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products.