Ethan Allen Interiors Inc (ETD)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 614,649 | 622,924 | 626,650 | 636,666 | 646,221 | 664,964 | 704,859 | 740,744 | 791,382 | 833,690 | 845,033 | 849,965 | 817,762 | 766,402 | 745,705 | 716,438 | 685,169 | 598,414 | 571,226 | 566,974 |
| Total assets | US$ in thousands | 737,099 | 738,740 | 732,573 | 737,704 | 744,917 | 742,216 | 722,175 | 739,563 | 745,453 | 741,323 | 713,981 | 721,849 | 719,895 | 714,903 | 689,328 | 678,294 | 683,245 | 687,546 | 636,219 | 622,521 |
| Total asset turnover | 0.83 | 0.84 | 0.86 | 0.86 | 0.87 | 0.90 | 0.98 | 1.00 | 1.06 | 1.12 | 1.18 | 1.18 | 1.14 | 1.07 | 1.08 | 1.06 | 1.00 | 0.87 | 0.90 | 0.91 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $614,649K ÷ $737,099K
= 0.83
The total asset turnover ratio for Ethan Allen Interiors Inc reflects initial stability with values around 0.91 at September 30, 2020, gradually declining to a low of approximately 0.83 by June 30, 2025. The period from September 2020 to September 2021 experienced minor fluctuations, ending with a slight upward trend reaching 1.06 at September 30, 2021, and peaking at 1.18 during December 2022. This indicates an improved efficiency in utilizing assets to generate sales during this interval.
However, beyond this peak, a declining trend resumes, with the ratio decreasing steadily since the end of 2022. By December 2023, the ratio had decreased to approximately 0.98, and continuing downward into 2024 and mid-2025, reaching near 0.83. This downward trajectory suggests a gradual reduction in asset utilization efficiency over the recent period.
Overall, the data indicates that Ethan Allen Interiors Inc experienced a period of increased efficiency in asset usage around late 2021 and early 2022, followed by a sustained decline. The decreasing ratio over the latter part of the period could be indicative of challenges in generating sales relative to asset base or potential shifts in operational strategy, asset deployment, or market conditions affecting sales efficiency.
Peer comparison
Jun 30, 2025