Antero Resources Corp (AR)

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	4,325,594	4,350,984	4,421,244	4,395,895	4,681,975	5,573,125	6,511,565	7,759,940	7,138,430	7,447,410	5,916,673	4,202,073	4,619,433	3,534,253	3,380,961	3,378,792	3,491,692	3,135,340	3,873,629	4,688,378
Total assets	US$ in thousands	13,010,000	13,223,600	13,415,800	13,548,500	13,517,200	13,736,600	13,766,800	13,871,100	14,118,000	14,413,400	14,212,700	13,803,500	13,896,500	13,471,500	12,848,300	13,000,400	13,150,800	13,349,700	13,744,000	14,525,800
Total asset turnover		0.33	0.33	0.33	0.32	0.35	0.41	0.47	0.56	0.51	0.52	0.42	0.30	0.33	0.26	0.26	0.26	0.27	0.23	0.28	0.32

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,325,594K ÷ $13,010,000K
= 0.33

The total asset turnover of Antero Resources Corp has shown fluctuations over the analyzed periods, ranging from a low of 0.23 in September 30, 2020, to a high of 0.56 in March 31, 2023. Total asset turnover is an indicator of how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover ratio suggests that the company is generating more revenue per dollar of assets, indicating efficient asset utilization.

From the data provided, it appears that Antero Resources Corp's total asset turnover has generally increased over the latest periods, with a notable improvement from 0.26 in June 30, 2022, to 0.33 in December 31, 2024. This upward trend indicates an improvement in the company's ability to generate revenue relative to its total assets.

However, it is important to consider the industry norms and comparisons with peer companies to gain further insights into the company's performance. Additionally, analyzing other financial ratios and aspects of the company's operations would provide a more comprehensive assessment of its financial health and performance.