Ameren Corp (AEE)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,623,000 | 7,300,000 | 7,187,000 | 7,254,000 | 7,500,000 | 7,928,000 | 8,174,000 | 8,140,000 | 7,957,000 | 7,456,000 | 6,961,000 | 6,707,000 | 6,394,000 | 6,177,000 | 5,994,000 | 5,920,000 | 5,794,000 | 5,782,000 | 5,813,000 | 5,794,000 |
| Total assets | US$ in thousands | 44,598,000 | 43,298,000 | 42,334,000 | 41,306,000 | 40,830,000 | 39,599,000 | 38,947,000 | 38,064,000 | 37,904,000 | 37,657,000 | 37,108,000 | 36,197,000 | 35,735,000 | 34,665,000 | 33,916,000 | 32,789,000 | 32,030,000 | 30,517,000 | 30,016,000 | 29,272,000 |
| Total asset turnover | 0.17 | 0.17 | 0.17 | 0.18 | 0.18 | 0.20 | 0.21 | 0.21 | 0.21 | 0.20 | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.20 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,623,000K ÷ $44,598,000K
= 0.17
Total asset turnover is a financial ratio that measures a company's ability to generate revenue relative to its total assets. For Ameren Corp, the total asset turnover has shown a declining trend over the past few years. Starting at 0.20 in March 31, 2020, it decreased to 0.17 by December 31, 2024. This indicates that Ameren Corp is generating less revenue per dollar of assets invested in the business.
A declining total asset turnover could suggest inefficiencies in asset utilization or revenue generation. It may indicate that the company is not effectively using its assets to generate sales or that its asset base is not producing the expected level of revenue.
It is important for Ameren Corp to analyze the factors contributing to this trend and consider strategies to improve asset utilization and revenue generation efficiency. Monitoring and improving total asset turnover can help enhance overall financial performance and profitability in the long run.
Peer comparison
Dec 31, 2024