GTIM (Good Times Restaurants) Asset Turnover: 0.41 (As of Mar. 2026)


GTIM Good Times Restaurants Inc GTIM
53 GF Score
Price $1.38
GF Value $2.65
Valuation Possible Value Trap
! 5 Warning Signs
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What is Good Times Restaurants Asset Turnover?

Good Times Restaurants GTIM +2.22% 53 Asset Turnover is 0.41 as of Mar. 2026. GuruFocus rates GTIM with a GF Score™ of 53/100 and a GF Value™ of $2.65 (Possible Value Trap). The stock has 5 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. Good Times Restaurants's Revenue for the three months ended in Mar. 2026 was $33.2 Mil. Good Times Restaurants's Total Assets for the quarter that ended in Mar. 2026 was $81.8 Mil. Therefore, Good Times Restaurants's Asset Turnover for the quarter that ended in Mar. 2026 was 0.41.

Asset Turnover is linked to ROE % through Du Pont Formula. Good Times Restaurants's annualized ROE % for the quarter that ended in Mar. 2026 was 1.79%. It is also linked to ROA % through Du Pont Formula. Good Times Restaurants's annualized ROA % for the quarter that ended in Mar. 2026 was 0.73%.


Good Times Restaurants  (NAS:GTIM) Asset Turnover Explanation

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

Good Times Restaurants's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.596/33.3325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.596 / 132.928)*(132.928 / 81.7765)*(81.7765/ 33.3325)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.45 %*1.6255*2.4534
=ROA %*Equity Multiplier
=0.73 %*2.4534
=1.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Good Times Restaurants's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.596/81.7765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.596 / 132.928)*(132.928 / 81.7765)
=Net Margin %*Asset Turnover
=0.45 %*1.6255
=0.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Good Times Restaurants Asset Turnover Related Terms


Good Times Restaurants Asset Turnover Historical Data

* Premium members only.

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants Asset Turnover Chart

Good Times Restaurants Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.54 1.56 1.60 1.66

Good Times Restaurants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.39 0.43 0.40 0.39 0.41

GTIM vs CCHH, MHGU, PETZ: Asset Turnover Comparison

For the Restaurants subindustry, Good Times Restaurants'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.


Good Times Restaurants Asset Turnover vs Restaurants Industry

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

* The bar in red indicates where Good Times Restaurants's Asset Turnover falls into.


GTIM
53GF Score
Good Times Restaurants Inc GTIM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Times Restaurants Asset Turnover Calculation

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

Good Times Restaurants's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=141.63/( (87.118+83.807)/ 2 )
=141.63/85.4625
=1.66

Good Times Restaurants's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=33.232/( (82.512+81.041)/ 2 )
=33.232/81.7765
=0.41

* 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 0.41 mean?
Good Times Restaurants (GTIM) has a Asset Turnover of 0.41 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Good Times Restaurants and its competitors.
Is Good Times Restaurants' Asset Turnover too high?
Good Times Restaurants' current Asset Turnover is 0.41. Overall, Good Times Restaurants has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Times Restaurants' Asset Turnover compare to CCHH and MHGU?
Good Times Restaurants' Asset Turnover of 0.41 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 Good Times Restaurants and its competitors. Good Times Restaurants's current Asset Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Times Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Good Times Restaurants (GTIM) is currently considered Possible Value Trap. The stock's GF Value™ is $2.65, compared to a current price of $1.38 — trading 47.9% below its estimated fair value. The current Asset Turnover is 0.41. Good Times Restaurants' overall GF Score™ is 53/100 with 5 warning signs to review. 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 Good Times Restaurants (GTIM), the current Asset Turnover is 0.41 as of Mar. 2026. 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.

Is Good Times Restaurants (GTIM) Overvalued in 2026?

Based on GuruFocus' analysis, Good Times Restaurants stock appears to be undervalued. The current stock price of $1.38 is trading 47.9% below its estimated GF Value™ of $2.65. GuruFocus considers Good Times Restaurants to be Possible Value Trap.

Key valuation signals for GTIM:

  • Asset Turnover: 0.41
  • GF Value™: $2.65 vs. price of $1.38 (47.9% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the GTIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Times Restaurants Business Description

Address 651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants, which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants, which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers, chicken, frozen custard; slides and drinks.
53GF Score

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$1.38
Price
$2.65
GF Value