The Ensign Group Inc (ENSG)
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 | 4,258,320 | 4,104,767 | 3,961,754 | 3,849,940 | 3,731,458 | 3,554,106 | 3,388,158 | 3,200,096 | 3,026,034 | 2,910,738 | 2,808,673 | 2,713,098 | 2,627,461 | 2,566,044 | 2,496,870 | 2,442,374 | 2,402,596 | 2,093,511 | 2,091,399 | 2,076,776 |
| Total assets | US$ in thousands | 4,669,360 | 4,629,160 | 4,437,340 | 4,308,410 | 4,177,540 | 4,081,980 | 3,952,360 | 3,862,240 | 3,452,020 | 3,265,270 | 3,124,670 | 3,044,560 | 2,850,620 | 2,813,380 | 2,648,550 | 2,512,500 | 2,545,580 | 2,464,990 | 2,488,160 | 2,388,010 |
| Total asset turnover | 0.91 | 0.89 | 0.89 | 0.89 | 0.89 | 0.87 | 0.86 | 0.83 | 0.88 | 0.89 | 0.90 | 0.89 | 0.92 | 0.91 | 0.94 | 0.97 | 0.94 | 0.85 | 0.84 | 0.87 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,258,320K ÷ $4,669,360K
= 0.91
The total asset turnover for The Ensign Group Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio, which measures the company's efficiency in generating sales from its assets, started at 0.87 in March 2020 and declined to 0.84 by June 2020. However, it then improved gradually to reach 0.97 by March 2021, indicating a more efficient use of assets to generate revenue.
Subsequently, there was a slight decrease in the total asset turnover to 0.91 by September 2021 and further to 0.88 by December 2022. Following this dip, the ratio saw a slight uptick to 0.89 by March 2024, maintaining at the same level for the next three quarters.
Overall, The Ensign Group Inc's total asset turnover has experienced fluctuations but generally remained within a range of 0.84 to 0.97 during the period under consideration. Further analysis would be necessary to understand the reasons behind these fluctuations and their implications for the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024