Core Natural Resources, Inc. (CNR)
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 | 2,148,698 | 2,213,263 | 2,204,294 | 2,371,335 | 2,506,635 | 2,509,437 | 2,530,409 | 2,481,302 | 2,339,875 | 2,037,760 | 1,768,138 | 1,466,444 | 1,261,034 | 1,194,772 | 2,130,006 | 1,948,080 | 1,892,420 | 1,949,596 | 1,043,790 | 1,293,676 |
| Total assets | US$ in thousands | 2,879,540 | 7,439,390 | 7,370,670 | 2,680,120 | 2,675,000 | 2,659,520 | 2,678,350 | 2,695,310 | 2,704,380 | 2,722,280 | 6,438,460 | 6,031,660 | 5,827,460 | 5,731,100 | 5,254,060 | 5,528,310 | 5,478,490 | 5,474,980 | 5,337,840 | 5,392,430 |
| Total asset turnover | 0.75 | 0.30 | 0.30 | 0.88 | 0.94 | 0.94 | 0.94 | 0.92 | 0.87 | 0.75 | 0.27 | 0.24 | 0.22 | 0.21 | 0.41 | 0.35 | 0.35 | 0.36 | 0.20 | 0.24 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,148,698K ÷ $2,879,540K
= 0.75
Core Natural Resources, Inc.'s total asset turnover ratio has shown fluctuations over the past years, ranging from as low as 0.20 to as high as 0.94. The ratio was relatively low in the earlier years, indicating that the company was not efficiently utilizing its assets to generate sales. However, there was a significant improvement in the total asset turnover ratio in the most recent periods, reaching a peak of 0.94. This suggests that the company has been more effective in generating sales revenue relative to its total assets, reflecting improved asset management and operational efficiency. Despite some variability, the trend in the total asset turnover ratio appears to be positive overall, indicating a potential enhancement in the company's asset utilization and productivity.
Peer comparison
Dec 31, 2024