MJARF (MJardin Group) Asset Turnover: 0.01 (As of Sep. 2021)


What is MJardin Group Asset Turnover?

MJardin Group MJARF -99.00% Asset Turnover is 0.01 as of Sep. 2021.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MJardin Group's Revenue for the three months ended in Sep. 2021 was $1.04 Mil. MJardin Group's Total Assets for the quarter that ended in Sep. 2021 was $75.29 Mil. Therefore, MJardin Group's Asset Turnover for the quarter that ended in Sep. 2021 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. MJardin Group's annualized ROE % for the quarter that ended in Sep. 2021 was 78.32%. It is also linked to ROA % through Du Pont Formula. MJardin Group's annualized ROA % for the quarter that ended in Sep. 2021 was -89.56%.

MJardin Group  (OTCPK:MJARF) Asset Turnover Explanation

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

MJardin Group's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-67.424/-86.0905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-67.424 / 4.176)*(4.176 / 75.286)*(75.286/ -86.0905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1614.56 %*0.0555*-0.8745
=ROA %*Equity Multiplier
=-89.56 %*-0.8745
=78.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

MJardin Group's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=-67.424/75.286
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-67.424 / 4.176)*(4.176 / 75.286)
=Net Margin %*Asset Turnover
=-1614.56 %*0.0555
=-89.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.

MJardin Group Asset Turnover Related Terms

MJardin Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for MJardin 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.

MJardin Group Asset Turnover Chart

MJardin Group Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.33 0.09

MJardin Group Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.04 0.02 0.01 0.01 0.01

MJARF vs EAPH, FPSUF, GCAN: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MJardin 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.

MJardin Group Asset Turnover vs Drug Manufacturers Industry

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

* The bar in red indicates where MJardin Group's Asset Turnover falls into.


MJardin Group Asset Turnover Calculation

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

MJardin Group's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=8.928/( (124.399+78.683)/ 2 )
=8.928/101.541
=0.09

MJardin Group's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=1.044/( (82.739+67.833)/ 2 )
=1.044/75.286
=0.01

* 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 0.01 mean?
MJardin Group (MJARF) has a Asset Turnover of 0.01 as of Sep. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MJardin Group and its competitors.
Is MJardin Group's Asset Turnover too high?
MJardin Group's current Asset Turnover is 0.01.
How does MJardin Group's Asset Turnover compare to EAPH and FPSUF?
MJardin Group's Asset Turnover of 0.01 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 MJardin Group and its competitors. MJardin Group's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJardin Group stock overvalued right now?
MJardin Group (MJARF) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. 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 MJardin Group (MJARF), the current Asset Turnover is 0.01 as of Sep. 2021. 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.

MJardin Group Business Description

Address 1 Toronto Street, Suite 801, Toronto, ON, CAN, M5C 2V6
MJardin Group Inc is a Canada based cannabis cultivation and management company. It is engaged in the cultivation, processing, and distribution of medical cannabis. The company's operating segment includes Cultivation management in USA and Cultivation operations in Canada. It generates maximum revenue from the Cultivation management in USA segment. Cultivation management in USA segment engaged in the management services to owners of cultivation and dispensary facilities. The services provided are consulting, design, operational, and other management services.