Alpha Metallurgical Resources Inc (AMR)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,957,280 | 3,471,420 | 4,101,590 | 2,258,590 | 1,416,190 |
| Total assets | US$ in thousands | 2,438,710 | 2,406,060 | 2,312,480 | 1,857,710 | 1,680,090 |
| Total asset turnover | 1.21 | 1.44 | 1.77 | 1.22 | 0.84 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,957,280K ÷ $2,438,710K
= 1.21
Alpha Metallurgical Resources Inc has shown an upward trend in total asset turnover from 0.84 in December 31, 2020, steadily increasing to 1.22 in December 31, 2021, then notably rising to 1.77 in December 31, 2022. However, there was a slight dip to 1.44 in December 31, 2023, followed by a decrease to 1.21 in December 31, 2024.
The total asset turnover ratio indicates the efficiency of the company in generating revenue relative to its total assets. A higher total asset turnover ratio typically signifies that the company is utilizing its assets more efficiently to generate sales. The fluctuation in Alpha Metallurgical Resources Inc's total asset turnover ratio over the years should be further investigated to understand the reasons behind the changes and to assess the company's operational performance and asset management strategies.
Peer comparison
Dec 31, 2024