Edison International (EIX)

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 16,338,000 16,648,000 17,174,000 17,218,000 17,220,000 16,535,000 16,606,000 15,913,000 14,905,000 14,731,000 14,076,000 13,748,000 13,578,000 13,391,000 12,488,000 12,313,000 12,347,000 12,386,000 12,914,000 12,917,000
Total assets US$ in thousands 81,758,000 80,164,000 79,551,000 78,854,000 78,041,000 76,709,000 75,045,000 74,720,000 74,745,000 73,023,000 71,162,000 70,505,000 69,372,000 68,556,000 67,051,000 66,026,000 64,382,000 64,212,000 59,521,000 58,793,000
Total asset turnover 0.20 0.21 0.22 0.22 0.22 0.22 0.22 0.21 0.20 0.20 0.20 0.19 0.20 0.20 0.19 0.19 0.19 0.19 0.22 0.22

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $16,338,000K ÷ $81,758,000K
= 0.20

The total asset turnover ratio for Edison International has shown consistency around the range of 0.20 to 0.22 over the past eight quarters. This indicates that for every dollar of total assets held by the company, it generates revenue ranging from 20 to 22 cents. The stable trend in the total asset turnover suggests that the company has been effectively utilizing its assets to generate revenue consistently. However, it is important to dig deeper into the company's operations and industry benchmarks to assess the efficiency of its asset utilization compared to its peers and potential areas for improvement.


Peer comparison

Dec 31, 2023