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ZDPY (Zoned Properties) Asset Turnover : 0.08 (As of Dec. 2024)


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What is Zoned Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Zoned Properties's Revenue for the three months ended in Dec. 2024 was $1.23 Mil. Zoned Properties's Total Assets for the quarter that ended in Dec. 2024 was $15.94 Mil. Therefore, Zoned Properties's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Zoned Properties's annualized ROE % for the quarter that ended in Dec. 2024 was 32.04%. It is also linked to ROA % through Du Pont Formula. Zoned Properties's annualized ROA % for the quarter that ended in Dec. 2024 was 11.32%.


Zoned Properties Asset Turnover Historical Data

The historical data trend for Zoned Properties'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.

Zoned Properties Asset Turnover Chart

Zoned Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.22 0.24 0.20 0.25

Zoned Properties Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 0.06 0.05 0.07 0.08

Competitive Comparison of Zoned Properties's Asset Turnover

For the Real Estate Services subindustry, Zoned Properties'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.


Zoned Properties's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zoned Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zoned Properties's Asset Turnover falls into.


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Zoned Properties Asset Turnover Calculation

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

Zoned Properties's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=3.793/( (14.438+16.182)/ 2 )
=3.793/15.31
=0.25

Zoned Properties's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1.234/( (15.698+16.182)/ 2 )
=1.234/15.94
=0.08

* 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.


Zoned Properties  (OTCPK:ZDPY) Asset Turnover Explanation

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

Zoned Properties's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1.804/5.6305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.804 / 4.936)*(4.936 / 15.94)*(15.94/ 5.6305)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.55 %*0.3097*2.831
=ROA %*Equity Multiplier
=11.32 %*2.831
=32.04 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Zoned Properties's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1.804/15.94
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.804 / 4.936)*(4.936 / 15.94)
=Net Margin %*Asset Turnover
=36.55 %*0.3097
=11.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Zoned Properties Asset Turnover Related Terms

Thank you for viewing the detailed overview of Zoned Properties's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Zoned Properties Business Description

Traded in Other Exchanges
N/A
Address
8360 E. Raintree Drive, Suite 230, Scottsdale, AZ, USA, 85260
Zoned Properties Inc is a technology-driven property investment company focused on acquiring value-added real estate within the regulated cannabis industry in the United States. It aspires to innovate within the real estate development sector, focusing on direct-to-consumer real estate that is leased to the cannabis retailers. It operates in two organized segments; the Property Investment Portfolio segment, and the Real Estate Services segment. It generates the majority of its revenue Property Investment Portfolio segment.
Executives
Derek Overstreet director C/O ZONED PROPERTIES, INC., 14269 N. 87TH STREET #205, SCOTTSDALE AZ 85260
Bryan Mclaren director, officer: CEO & President C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Daniel Ryan Gauthier officer: Chief Legal Officer & CCO 8360 E. RAINTREE DRIVE, #230, SCOTTSDALE AZ 85260
Art Friedman director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD.,#208,, SCOTTSDALE AZ 85260
Berekk Alan Blackwell officer: Chief Operating Officer C/O ZONED PROPERTIES, INC., 14269 N. 87TH STREET, #205, SCOTTSDALE AZ 85260
Jody Kevin Kane director 92 VALLEY ROAD, WEST HARRISION NY 10604
David G. Honaman director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Adam C Wasserman officer: Chief Financial Officer 1643 ROYAL GROVE WAY, WESTON FL 33327
Irvin Rosenfeld director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Alan B. Abrams 10 percent owner 2286 E. WALKER RD, PRESCOTT AZ 86303
Christopher Carra 10 percent owner 8880 E FRIESS, SCOTTSDALE AZ 85260
Greg Johnston 10 percent owner 915 STITCH RD., LAKE STEVENS WA 98258
Alex Mclaren director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Patricia Haugland officer: Chief Operating Officer C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Christopher Michael Anzalone director, 10 percent owner, officer: President and CEO 6301 NW 5TH WAY, SUITE 5000, FT. LAUDERDALE FL 33309