ZCAR (Zoomcar Holdings) Asset Turnover: 0.80 (As of Dec. 2025)


What is Zoomcar Holdings Asset Turnover?

Zoomcar Holdings ZCAR +13.87% Asset Turnover is 0.80 as of Dec. 2025. The stock has 7 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. Zoomcar Holdings's Revenue for the three months ended in Dec. 2025 was $2.37 Mil. Zoomcar Holdings's Total Assets for the quarter that ended in Dec. 2025 was $2.95 Mil. Therefore, Zoomcar Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.80.

Asset Turnover is linked to ROE % through Du Pont Formula. Zoomcar Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was 10.46%. It is also linked to ROA % through Du Pont Formula. Zoomcar Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -97.88%.

Zoomcar Holdings  (OTCPK:ZCAR) Asset Turnover Explanation

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

Zoomcar Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-2.884/-27.5725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.884 / 9.46)*(9.46 / 2.9465)*(2.9465/ -27.5725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-30.49 %*3.2106*-0.1069
=ROA %*Equity Multiplier
=-97.88 %*-0.1069
=10.46 %

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

Zoomcar Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-2.884/2.9465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.884 / 9.46)*(9.46 / 2.9465)
=Net Margin %*Asset Turnover
=-30.49 %*3.2106
=-97.88 %

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

Zoomcar Holdings Asset Turnover Related Terms

Zoomcar Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zoomcar 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.

Zoomcar Holdings Asset Turnover Chart

Zoomcar Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
0.20 0.27 0.30 0.77 1.25

Zoomcar Holdings Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.31 0.29 0.50 0.65 0.80

ZCAR vs DWAY, BDST, AITX: Asset Turnover Comparison

For the Rental & Leasing Services subindustry, Zoomcar 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.

Zoomcar Holdings Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Zoomcar Holdings's Asset Turnover distribution charts can be found below:

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


Zoomcar Holdings Asset Turnover Calculation

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

Zoomcar Holdings's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=9.106/( (9.173+5.357)/ 2 )
=9.106/7.265
=1.25

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2.365/( (3.118+2.775)/ 2 )
=2.365/2.9465
=0.80

* 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 0.80 mean?
Zoomcar Holdings (ZCAR) has a Asset Turnover of 0.80 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zoomcar Holdings and its competitors.
Is Zoomcar Holdings' Asset Turnover too high?
Zoomcar Holdings' current Asset Turnover is 0.80.
How does Zoomcar Holdings' Asset Turnover compare to DWAY and BDST?
Zoomcar Holdings' Asset Turnover of 0.80 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Zoomcar Holdings and its competitors. Zoomcar Holdings's current Asset Turnover is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomcar Holdings stock overvalued right now?
Zoomcar Holdings (ZCAR) has a current Asset Turnover of 0.80. The current Asset Turnover is 0.80. 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 Zoomcar Holdings (ZCAR), the current Asset Turnover is 0.80 as of Dec. 2025. 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.

Zoomcar Holdings Business Description

Address HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008
Zoomcar Holdings Inc is an emerging market-focused online car sharing marketplace, based on the number of current vehicles and active users on its platform. Its platform enables car owners (Hosts) and persons in temporary need of vehicles (Guests) to connect and share the use of a Host's car, made available to Guests at mutually convenient locations. It generates revenue in the form of facilitation fees charged to Hosts, net of incentives and refunds, and trip protection charged to the Renters. Geographically, the company generates a majority of its revenue from India, followed by Egypt, Indonesia, and Vietnam.