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PNST (Pinstripes Holdings) Asset Turnover : 0.22 (As of Jan. 2025)


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What is Pinstripes Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pinstripes Holdings's Revenue for the three months ended in Jan. 2025 was $35.5 Mil. Pinstripes Holdings's Total Assets for the quarter that ended in Jan. 2025 was $162.9 Mil. Therefore, Pinstripes Holdings's Asset Turnover for the quarter that ended in Jan. 2025 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Pinstripes Holdings's annualized ROE % for the quarter that ended in Jan. 2025 was 33.76%. It is also linked to ROA % through Du Pont Formula. Pinstripes Holdings's annualized ROA % for the quarter that ended in Jan. 2025 was -19.84%.


Pinstripes Holdings Asset Turnover Historical Data

The historical data trend for Pinstripes Holdings'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.

* Premium members only.

Pinstripes Holdings Asset Turnover Chart

Pinstripes Holdings Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Asset Turnover
- 0.67 0.91 0.80

Pinstripes Holdings Quarterly Data
Apr21 Apr22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.18 0.21 0.18 - 0.22

Competitive Comparison of Pinstripes Holdings's Asset Turnover

For the Restaurants subindustry, Pinstripes Holdings'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.


Pinstripes Holdings's Asset Turnover Distribution in the Restaurants Industry

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

* The bar in red indicates where Pinstripes Holdings's Asset Turnover falls into.


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Pinstripes Holdings Asset Turnover Calculation

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

Pinstripes Holdings's Asset Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=118.724/( (130.927+167.321)/ 2 )
=118.724/149.124
=0.80

Pinstripes Holdings's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=35.516/( (0+162.863)/ 1 )
=35.516/162.863
=0.22

* 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.


Pinstripes Holdings  (OTCPK:PNST) Asset Turnover Explanation

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

Pinstripes Holdings's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-32.316/-95.71
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-32.316 / 142.064)*(142.064 / 162.863)*(162.863/ -95.71)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.75 %*0.8723*-1.7016
=ROA %*Equity Multiplier
=-19.84 %*-1.7016
=33.76 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

Pinstripes Holdings's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-32.316/162.863
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-32.316 / 142.064)*(142.064 / 162.863)
=Net Margin %*Asset Turnover
=-22.75 %*0.8723
=-19.84 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


Pinstripes Holdings Asset Turnover Related Terms

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Pinstripes Holdings Business Description

Traded in Other Exchanges
N/A
Address
1150 Willow Road, Northbrook, IL, USA, 60062
Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates around 17 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits, and decorative fountains.