Carrier Connect Data Solutions (TSXV:CCDS) Asset Turnover: 0.03 (As of Mar. 2026)


TSXV:CCDS Carrier Connect Data Solutions Inc TSXV:CCDS
11 GF Score
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What is Carrier Connect Data Solutions Asset Turnover?

Carrier Connect Data Solutions TSXV:CCDS +9.09% 11 Asset Turnover is 0.03 as of Mar. 2026. GuruFocus rates TSXV:CCDS with a GF Score™ of 11/100. 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. Carrier Connect Data Solutions's Revenue for the three months ended in Mar. 2026 was C$0.91 Mil. Carrier Connect Data Solutions's Total Assets for the quarter that ended in Mar. 2026 was C$28.26 Mil. Therefore, Carrier Connect Data Solutions's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Carrier Connect Data Solutions's annualized ROE % for the quarter that ended in Mar. 2026 was -45.24%. It is also linked to ROA % through Du Pont Formula. Carrier Connect Data Solutions's annualized ROA % for the quarter that ended in Mar. 2026 was -23.47%.


Carrier Connect Data Solutions  (TSXV:CCDS) Asset Turnover Explanation

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

Carrier Connect Data Solutions's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.632/14.659
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.632 / 3.64)*(3.64 / 28.262)*(28.262/ 14.659)
=Net Margin %*Asset Turnover*Equity Multiplier
=-182.2 %*0.1288*1.928
=ROA %*Equity Multiplier
=-23.47 %*1.928
=-45.24 %

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:

Carrier Connect Data Solutions's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-6.632/28.262
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.632 / 3.64)*(3.64 / 28.262)
=Net Margin %*Asset Turnover
=-182.2 %*0.1288
=-23.47 %

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.


Carrier Connect Data Solutions Asset Turnover Related Terms


Carrier Connect Data Solutions Asset Turnover Historical Data

* Premium members only.

The historical data trend for Carrier Connect Data Solutions'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.

Carrier Connect Data Solutions Asset Turnover Chart

Carrier Connect Data Solutions Annual Data
Trend Jun23 Jun24 Jun25
Asset Turnover
0.20 0.24 0.22

Carrier Connect Data Solutions Quarterly Data
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 0.07 0.09 0.05 0.03 0.03

TSXV:CCDS vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Carrier Connect Data Solutions'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.


Carrier Connect Data Solutions Asset Turnover vs Software Industry

For the Software industry and Technology sector, Carrier Connect Data Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Carrier Connect Data Solutions's Asset Turnover falls into.


TSXV:CCDS
11GF Score
Carrier Connect Data Solutions Inc TSXV:CCDS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Carrier Connect Data Solutions Asset Turnover Calculation

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

Carrier Connect Data Solutions's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=0.487/( (1.543+2.819)/ 2 )
=0.487/2.181
=0.22

Carrier Connect Data Solutions'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 )
=0.91/( (23.617+32.907)/ 2 )
=0.91/28.262
=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?
Carrier Connect Data Solutions (TSXV:CCDS) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Carrier Connect Data Solutions and its competitors.
Is Carrier Connect Data Solutions' Asset Turnover too high?
Carrier Connect Data Solutions' current Asset Turnover is 0.03. Overall, Carrier Connect Data Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Connect Data Solutions' Asset Turnover compare to IBM and ACN?
Carrier Connect Data Solutions' Asset Turnover of 0.03 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Carrier Connect Data Solutions and its competitors. Carrier Connect Data Solutions'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 Carrier Connect Data Solutions stock overvalued right now?
Carrier Connect Data Solutions (TSXV:CCDS) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. Carrier Connect Data Solutions' overall GF Score™ is 11/100 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 Carrier Connect Data Solutions (TSXV:CCDS), the current Asset Turnover is 0.03 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.

Carrier Connect Data Solutions Business Description

Other Exchanges F5Z0:Germany
Address 885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Carrier Connect Data Solutions Inc operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Carrier's systems are fully independent and owned outright within its leased space. The current principal market for Carrier is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary data center or as an ancillary site depending on their needs.
11GF Score

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