Africa Bitcoin (JSE:BACA.PFD) Asset Turnover: 0.03 (As of Feb. 2026)


JSE:BACA.PFD Africa Bitcoin Corp Ltd JSE:BACA.PFD
12 GF Score
Price R1.72
! 3 Warning Signs
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What is Africa Bitcoin Asset Turnover?

Africa Bitcoin JSE:BACA.PFD 12 Asset Turnover is 0.03 as of Feb. 2026. GuruFocus rates JSE:BACA.PFD with a GF Score™ of 12/100. The stock has 3 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. Africa Bitcoin's Revenue for the six months ended in Feb. 2026 was R8.73 Mil. Africa Bitcoin's Total Assets for the quarter that ended in Feb. 2026 was R316.49 Mil. Therefore, Africa Bitcoin's Asset Turnover for the quarter that ended in Feb. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Africa Bitcoin's annualized ROE % for the quarter that ended in Feb. 2026 was -6.05%. It is also linked to ROA % through Du Pont Formula. Africa Bitcoin's annualized ROA % for the quarter that ended in Feb. 2026 was -2.81%.

Africa Bitcoin  (JSE:BACA.PFD) Asset Turnover Explanation

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

Africa Bitcoin's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-8.896/147.105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.896 / 17.466)*(17.466 / 316.4925)*(316.4925/ 147.105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-50.93 %*0.0552*2.1515
=ROA %*Equity Multiplier
=-2.81 %*2.1515
=-6.05 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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:

Africa Bitcoin's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-8.896/316.4925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.896 / 17.466)*(17.466 / 316.4925)
=Net Margin %*Asset Turnover
=-50.93 %*0.0552
=-2.81 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.

Africa Bitcoin Asset Turnover Related Terms

Africa Bitcoin Asset Turnover Historical Data

* Premium members only.

The historical data trend for Africa Bitcoin'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.

Africa Bitcoin Asset Turnover Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Asset Turnover
0.00 0.15 0.01 0.04 0.06

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Asset Turnover Get a 7-Day Free Trial 0.00 0.02 0.02 0.03 0.03

JSE:BACA.PFD vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Africa Bitcoin'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.

Africa Bitcoin Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Africa Bitcoin's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Africa Bitcoin's Asset Turnover falls into.


JSE:BACA.PFD
12GF Score
Africa Bitcoin Corp Ltd JSE:BACA.PFD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin Asset Turnover Calculation

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

Africa Bitcoin's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=16.444/( (255.001+347.932)/ 2 )
=16.444/301.4665
=0.05

Africa Bitcoin's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=8.733/( (285.053+347.932)/ 2 )
=8.733/316.4925
=0.03

* 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 0.03 mean?
Africa Bitcoin (JSE:BACA.PFD) has a Asset Turnover of 0.03 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Africa Bitcoin and its competitors.
Is Africa Bitcoin's Asset Turnover too high?
Africa Bitcoin's current Asset Turnover is 0.03. Overall, Africa Bitcoin has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's Asset Turnover compare to BLK and BX?
Africa Bitcoin's Asset Turnover of 0.03 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Africa Bitcoin and its competitors. Africa Bitcoin's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BACA.PFD) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. Africa Bitcoin's overall GF Score™ is 12/100 with 3 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 Africa Bitcoin (JSE:BACA.PFD), the current Asset Turnover is 0.03 as of Feb. 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
12GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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