Evergy, Inc. (EVRG)
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 | 5,851,200 | 5,781,700 | 5,639,600 | 5,542,400 | 5,508,200 | 5,599,900 | 5,839,700 | 5,932,000 | 5,859,100 | 5,701,600 | 5,409,000 | 5,198,700 | 5,586,700 | 5,559,000 | 5,460,100 | 5,408,600 | 4,913,400 | 4,950,600 | 5,010,600 | 5,047,600 |
| Total assets | US$ in thousands | 32,282,100 | 32,146,100 | 31,831,000 | 31,256,300 | 32,244,200 | 30,616,000 | 30,277,100 | 29,685,900 | 29,489,900 | 29,247,600 | 29,188,800 | 28,739,900 | 28,520,500 | 28,182,100 | 28,008,800 | 28,020,100 | 27,114,800 | 26,881,200 | 26,250,400 | 26,184,700 |
| Total asset turnover | 0.18 | 0.18 | 0.18 | 0.18 | 0.17 | 0.18 | 0.19 | 0.20 | 0.20 | 0.19 | 0.19 | 0.18 | 0.20 | 0.20 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.19 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,851,200K ÷ $32,282,100K
= 0.18
Evergy, Inc.'s total asset turnover ratio over the period from March 31, 2020, to December 31, 2024, ranged between 0.17 and 0.20. The ratio remained relatively stable within this range, indicating that the company generates around $0.17 to $0.20 in revenue for every dollar of assets it holds. A consistent total asset turnover ratio suggests that Evergy is efficiently utilizing its assets to generate revenue, although a higher ratio would indicate more efficient asset utilization. It is essential for the company to continue monitoring and optimizing its asset turnover to ensure optimal performance and profitability.
Peer comparison
Dec 31, 2024