Constellation Energy Corp (CEG)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 24,918,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 | |||
| Total assets | US$ in thousands | 50,758,000 | 48,965,000 | 46,559,000 | 46,158,000 | 46,909,000 | 46,616,000 | 45,333,000 | 46,846,000 | 48,086,000 |
| Total asset turnover | 0.49 | 0.54 | 0.57 | 0.57 | 0.52 | 0.49 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $24,918,000K ÷ $50,758,000K
= 0.49
Constellation Energy Corporation's total asset turnover has shown fluctuations over the past five quarters. The ratio ranged from 0.49 to 0.57 during this period. In Q2 and Q1 of 2023, the total asset turnover was at its highest at 0.57, indicating that the company generated $0.57 in revenue for every dollar of assets. This suggests efficient utilization of its assets to generate sales. However, in Q4 of 2023, the total asset turnover decreased to 0.49, indicating a slight decline in efficiency in generating revenue from assets. Overall, Constellation Energy Corporation’s total asset turnover demonstrates variations in the efficiency of asset utilization for revenue generation over the last five quarters.
Peer comparison
Dec 31, 2023