Enersys (ENS)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,617,580 | 3,581,870 | 3,708,580 | 3,357,300 | 2,977,900 |
| Total assets | US$ in thousands | 3,971,250 | 3,466,010 | 3,616,670 | 3,736,650 | 3,462,800 |
| Total asset turnover | 0.91 | 1.03 | 1.03 | 0.90 | 0.86 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,617,580K ÷ $3,971,250K
= 0.91
Total asset turnover is a crucial financial ratio that measures a company's efficiency in generating revenue from its total assets. In the case of Enersys, we can observe a fluctuation in the total asset turnover ratio over the years. It increased from 0.86 in March 31, 2021, to 1.03 in both March 31, 2023, and March 31, 2024. This indicates that Enersys became more efficient in generating sales relative to its total assets during those periods. However, there was a slight decline to 0.90 in March 31, 2022, and a further decrease to 0.91 in March 31, 2025, suggesting a potential decrease in asset utilization efficiency in those years. Overall, a total asset turnover ratio above 1 indicates more effective asset utilization, and Enersys should continue to monitor and improve this ratio to maximize its profitability and operational efficiency.
Peer comparison
Mar 31, 2025