SCFFF (Spot Coffee (Canada)) Asset Turnover: 0.56 (As of Sep. 2023)


What is Spot Coffee (Canada) Asset Turnover?

Spot Coffee (Canada) SCFFF -90.00% Asset Turnover is 0.56 as of Sep. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Spot Coffee (Canada)'s Revenue for the three months ended in Sep. 2023 was $1.85 Mil. Spot Coffee (Canada)'s Total Assets for the quarter that ended in Sep. 2023 was $3.33 Mil. Therefore, Spot Coffee (Canada)'s Asset Turnover for the quarter that ended in Sep. 2023 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Spot Coffee (Canada)'s annualized ROE % for the quarter that ended in Sep. 2023 was 20.84%. It is also linked to ROA % through Du Pont Formula. Spot Coffee (Canada)'s annualized ROA % for the quarter that ended in Sep. 2023 was -25.21%.

Spot Coffee (Canada)  (OTCPK:SCFFF) Asset Turnover Explanation

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

Spot Coffee (Canada)'s annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.84/-4.03
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.84 / 7.4)*(7.4 / 3.3315)*(3.3315/ -4.03)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.35 %*2.2212*-0.8267
=ROA %*Equity Multiplier
=-25.21 %*-0.8267
=20.84 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Spot Coffee (Canada)'s annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-0.84/3.3315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.84 / 7.4)*(7.4 / 3.3315)
=Net Margin %*Asset Turnover
=-11.35 %*2.2212
=-25.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.

Spot Coffee (Canada) Asset Turnover Related Terms

Spot Coffee (Canada) Asset Turnover Historical Data

* Premium members only.

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Asset Turnover Chart

Spot Coffee (Canada) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 2.43 1.03 1.58 1.51

Spot Coffee (Canada) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.41 0.47 0.38 0.38 0.56

SCFFF vs MCD, SBUX, CMG: Asset Turnover Comparison

For the Restaurants subindustry, Spot Coffee (Canada)'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.

Spot Coffee (Canada) Asset Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Spot Coffee (Canada)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Spot Coffee (Canada)'s Asset Turnover falls into.


Spot Coffee (Canada) Asset Turnover Calculation

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

Spot Coffee (Canada)'s Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=5.905/( (3.318+4.48)/ 2 )
=5.905/3.899
=1.51

Spot Coffee (Canada)'s Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.85/( (3.542+3.121)/ 2 )
=1.85/3.3315
=0.56

* 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 0.56 mean?
Spot Coffee (Canada) (SCFFF) has a Asset Turnover of 0.56 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Spot Coffee (Canada) and its competitors.
Is Spot Coffee (Canada)'s Asset Turnover too high?
Spot Coffee (Canada)'s current Asset Turnover is 0.56.
How does Spot Coffee (Canada)'s Asset Turnover compare to MCD and SBUX?
Spot Coffee (Canada)'s Asset Turnover of 0.56 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 Spot Coffee (Canada) and its competitors. Spot Coffee (Canada)'s current Asset Turnover is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spot Coffee (Canada) stock overvalued right now?
Spot Coffee (Canada) (SCFFF) has a current Asset Turnover of 0.56. The current Asset Turnover is 0.56. 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 Spot Coffee (Canada) (SCFFF), the current Asset Turnover is 0.56 as of Sep. 2023. 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.

Spot Coffee (Canada) Business Description

Address 130 Queens Quay East, Suite 611, Toronto, ON, CAN, M5A0P6
Spot Coffee (Canada) Ltd has been designing, building and operating company-owned and franchise community cafes in the northeastern United States. SPoT's cafes provide their customers with signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.