Alpha Metallurgical Resources Inc (AMR)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,471,417 | 3,334,874 | 3,462,822 | 3,940,861 | 4,101,586 | 4,106,455 | 3,885,528 | 2,944,393 | 2,258,686 | 1,754,220 | 1,440,971 | 1,399,636 | 1,416,187 | 1,591,412 | 1,781,684 | 2,083,950 | 2,290,260 | 2,363,268 | 2,285,275 | |
| Total assets | US$ in thousands | 2,406,060 | 2,352,960 | 2,357,830 | 2,349,120 | 2,312,480 | 2,259,850 | 2,216,150 | 2,113,000 | 1,857,710 | 1,675,950 | 1,662,780 | 1,671,640 | 1,680,090 | 1,923,120 | 2,040,240 | 2,291,920 | 2,302,820 | 2,669,890 | 2,779,790 | 2,756,050 |
| Total asset turnover | 1.44 | 1.42 | 1.47 | 1.68 | 1.77 | 1.82 | 1.75 | 1.39 | 1.22 | 1.05 | 0.87 | 0.84 | 0.84 | 0.83 | 0.87 | 0.91 | 0.99 | 0.89 | 0.82 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,471,417K ÷ $2,406,060K
= 1.44
Alpha Metallurgical Resources Inc's total asset turnover has shown some fluctuations over the past eight quarters. The ratio ranged from a low of 1.39 in Q1 2022 to a high of 1.82 in Q3 2022. In the most recent quarter, Q4 2023, the total asset turnover was 1.44. This indicates that, on average, the company generated $1.44 in revenue for every dollar of total assets held during the quarter.
Overall, the trend in total asset turnover has been somewhat volatile but generally within a moderate range, suggesting that the company is efficiently utilizing its assets to generate revenue. The decrease in total asset turnover from the previous quarter could be further analyzed to determine potential reasons for the change in performance.
Peer comparison
Dec 31, 2023