Global Crossing Airlines Group (LTS:0UNE) Asset Turnover: 0.37 (As of Mar. 2026)


LTS:0UNE Global Crossing Airlines Group Inc LTS:0UNE
23 GF Score
Price C$4.00
GF Value C$4.60
! 4 Warning Signs
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What is Global Crossing Airlines Group Asset Turnover?

Global Crossing Airlines Group LTS:0UNE 23 Asset Turnover is 0.37 as of Mar. 2026. GuruFocus rates LTS:0UNE with a GF Score™ of 23/100 and a GF Value™ of C$4.60. 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. Global Crossing Airlines Group's Revenue for the three months ended in Mar. 2026 was C$105.0 Mil. Global Crossing Airlines Group's Total Assets for the quarter that ended in Mar. 2026 was C$280.9 Mil. Therefore, Global Crossing Airlines Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Crossing Airlines Group's annualized ROE % for the quarter that ended in Mar. 2026 was -38.42%. It is also linked to ROA % through Du Pont Formula. Global Crossing Airlines Group's annualized ROA % for the quarter that ended in Mar. 2026 was 5.26%.


Global Crossing Airlines Group  (LTS:0UNE) Asset Turnover Explanation

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

Global Crossing Airlines Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14.768/-38.439
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.768 / 420.196)*(420.196 / 280.8715)*(280.8715/ -38.439)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.51 %*1.496*-7.3069
=ROA %*Equity Multiplier
=5.26 %*-7.3069
=-38.42 %

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:

Global Crossing Airlines Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=14.768/280.8715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.768 / 420.196)*(420.196 / 280.8715)
=Net Margin %*Asset Turnover
=3.51 %*1.496
=5.26 %

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.


Global Crossing Airlines Group Asset Turnover Related Terms


Global Crossing Airlines Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Global Crossing Airlines 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.

Global Crossing Airlines Group Asset Turnover Chart

Global Crossing Airlines Group Annual Data
Trend Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 2.21 1.75 1.54 1.31

Global Crossing Airlines Group 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 0.40 0.36 0.35 0.32 0.37

LTS:0UNE vs DAL, UAL, LUV: Asset Turnover Comparison

For the Airlines subindustry, Global Crossing Airlines 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.


Global Crossing Airlines Group Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's Asset Turnover falls into.


LTS:0UNE
23GF Score
Global Crossing Airlines Group Inc LTS:0UNE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Crossing Airlines Group Asset Turnover Calculation

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

Global Crossing Airlines Group's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=339.834/( (237.553+280.11)/ 2 )
=339.834/258.8315
=1.31

Global Crossing Airlines Group'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 )
=105.049/( (280.11+281.633)/ 2 )
=105.049/280.8715
=0.37

* 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 0.37 mean?
Global Crossing Airlines Group (LTS:0UNE) has a Asset Turnover of 0.37 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Crossing Airlines Group and its competitors.
Is Global Crossing Airlines Group's Asset Turnover too high?
Global Crossing Airlines Group's current Asset Turnover is 0.37. Overall, Global Crossing Airlines Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's Asset Turnover compare to DAL and UAL?
Global Crossing Airlines Group's Asset Turnover of 0.37 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Global Crossing Airlines Group and its competitors. Global Crossing Airlines Group's current Asset Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Crossing Airlines Group stock overvalued right now?
Global Crossing Airlines Group (LTS:0UNE) has a current Asset Turnover of 0.37. The stock's GF Value™ is C$4.60, compared to a current price of C$4.00 — trading 13% below its estimated fair value. The current Asset Turnover is 0.37. Global Crossing Airlines Group's overall GF Score™ is 23/100 with 4 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 Global Crossing Airlines Group (LTS:0UNE), the current Asset Turnover is 0.37 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 Global Crossing Airlines Group (LTS:0UNE) Overvalued in 2026?

Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued. The current stock price of C$4.00 is trading 13% below its estimated GF Value™ of C$4.60.

Key valuation signals for LTS:0UNE:

  • Asset Turnover: 0.37
  • GF Value™: C$4.60 vs. price of C$4.00 (13% below fair value)
  • GF Score™: 23/100 with 4 warning signs

No single metric tells the full story. See the LTS:0UNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Crossing Airlines Group Business Description

Address 4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, and Central and South America. It generates revenues by providing passenger aircraft outsourcing services to customers on a Charter and ACMI basis. Geographically, it operates predominantly in the USA.
23GF 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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