Clearway Energy Inc Class C (CWEN)
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 | 1,371,000 | 1,364,000 | 1,249,000 | 1,289,000 | 1,314,000 | 1,333,000 | 1,302,000 | 1,264,000 | 1,190,000 | 1,240,000 | 1,251,000 | 1,263,000 | 1,286,000 | 1,248,000 | 1,229,000 | 1,178,000 | 1,199,000 | 1,154,000 | 1,118,000 | 1,073,000 |
| Total assets | US$ in thousands | 14,329,000 | 14,249,000 | 14,517,000 | 14,862,000 | 14,701,000 | 13,370,000 | 12,624,000 | 12,749,000 | 12,312,000 | 12,596,000 | 12,648,000 | 12,628,000 | 12,813,000 | 11,780,000 | 11,881,000 | 11,848,000 | 10,592,000 | 9,725,000 | 9,736,000 | 9,555,000 |
| Total asset turnover | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.11 | 0.10 | 0.10 | 0.11 | 0.12 | 0.11 | 0.11 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,371,000K ÷ $14,329,000K
= 0.10
The total asset turnover ratio of Clearway Energy Inc Class C has remained relatively stable over the past few years, ranging between 0.09 and 0.12. This ratio indicates how efficiently the company is using its assets to generate revenue. A lower ratio suggests that the company is not generating enough revenue relative to its asset base, while a higher ratio indicates better asset utilization.
In this case, the total asset turnover ratio has hovered around 0.10, signaling that Clearway Energy Inc Class C is generating approximately $0.10 of revenue for every dollar of assets. This could imply that the company may need to improve its asset utilization to increase revenue generation efficiency. Further monitoring of this ratio over time can provide insights into the company's operational efficiency and potential performance improvements.
Peer comparison
Dec 31, 2024