Antero Midstream Partners LP (AM)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,106,190 | 1,041,770 | 919,985 | 898,202 | 900,719 |
| Total assets | US$ in thousands | 5,761,750 | 5,737,620 | 5,791,320 | 5,544,000 | 5,610,910 |
| Total asset turnover | 0.19 | 0.18 | 0.16 | 0.16 | 0.16 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,106,190K ÷ $5,761,750K
= 0.19
Antero Midstream Partners LP's total asset turnover has been relatively stable at around 0.16 for the years 2020, 2021, and 2022. This indicates that for every dollar of total assets the company had during those years, it generated approximately $0.16 in revenue.
However, there was a slight improvement in total asset turnover to 0.18 in 2023 and further to 0.19 in 2024. This uptrend suggests that the company may have become more efficient in utilizing its assets to generate revenue, potentially through improved operations or better asset management strategies.
Overall, the increasing trend in total asset turnover from 2020 to 2024 indicates a positive development in Antero Midstream Partners LP's asset utilization efficiency and revenue generation capabilities.
Peer comparison
Dec 31, 2024