GWAYF (Greenway Greenhouse Cannabis) Asset Turnover: 0.04 (As of Mar. 2026)

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What is Greenway Greenhouse Cannabis Asset Turnover?

Greenway Greenhouse Cannabis GWAYF +8.53% Asset Turnover is 0.04 as of Mar. 2026. The stock has 4 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. Greenway Greenhouse Cannabis's Revenue for the three months ended in Mar. 2026 was $1.01 Mil. Greenway Greenhouse Cannabis's Total Assets for the quarter that ended in Mar. 2026 was $23.13 Mil. Therefore, Greenway Greenhouse Cannabis's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Greenway Greenhouse Cannabis's annualized ROE % for the quarter that ended in Mar. 2026 was -98.10%. It is also linked to ROA % through Du Pont Formula. Greenway Greenhouse Cannabis's annualized ROA % for the quarter that ended in Mar. 2026 was -27.07%.


Greenway Greenhouse Cannabis  (OTCPK:GWAYF) Asset Turnover Explanation

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

Greenway Greenhouse Cannabis's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.26/6.381
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.26 / 4.044)*(4.044 / 23.126)*(23.126/ 6.381)
=Net Margin %*Asset Turnover*Equity Multiplier
=-154.8 %*0.1749*3.6242
=ROA %*Equity Multiplier
=-27.07 %*3.6242
=-98.10 %

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:

Greenway Greenhouse Cannabis's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-6.26/23.126
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.26 / 4.044)*(4.044 / 23.126)
=Net Margin %*Asset Turnover
=-154.8 %*0.1749
=-27.07 %

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.


Greenway Greenhouse Cannabis Asset Turnover Related Terms


Greenway Greenhouse Cannabis Asset Turnover Historical Data

* Premium members only.

The historical data trend for Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis Asset Turnover Chart

Greenway Greenhouse Cannabis Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.07 0.15 0.15 0.27 0.24

Greenway Greenhouse Cannabis 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 0.10 0.05 0.07 0.07 0.04

GWAYF vs ZTS: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.


Greenway Greenhouse Cannabis Asset Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenway Greenhouse Cannabis's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Greenway Greenhouse Cannabis's Asset Turnover falls into.



Greenway Greenhouse Cannabis Asset Turnover Calculation

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

Greenway Greenhouse Cannabis's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=5.429/( (22.469+22.6)/ 2 )
=5.429/22.5345
=0.24

Greenway Greenhouse Cannabis'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 )
=1.011/( (23.652+22.6)/ 2 )
=1.011/23.126
=0.04

* 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 0.04 mean?
Greenway Greenhouse Cannabis (GWAYF) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Greenway Greenhouse Cannabis and its competitors.
Is Greenway Greenhouse Cannabis' Asset Turnover too high?
Greenway Greenhouse Cannabis' current Asset Turnover is 0.04.
How does Greenway Greenhouse Cannabis' Asset Turnover compare to ZTS?
Greenway Greenhouse Cannabis' Asset Turnover of 0.04 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Asset Turnover depends on the Drug Manufacturers 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 Greenway Greenhouse Cannabis and its competitors. Greenway Greenhouse Cannabis's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenway Greenhouse Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Greenway Greenhouse Cannabis (GWAYF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.19, compared to a current price of $0.07 — trading 61.2% below its estimated fair value. The current Asset Turnover is 0.04. 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 Greenway Greenhouse Cannabis (GWAYF), the current Asset Turnover is 0.04 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.

Greenway Greenhouse Cannabis Business Description

Other Exchanges GWAY:Canada
Address 1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2
Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.