Expand Energy Corporation (EXE)

Total asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	4,221,000	7,775,000	11,443,000	7,301,000	5,210,000
Total assets	US$ in thousands	27,894,000	14,376,000	15,468,000	11,009,000	6,584,000
Total asset turnover		0.15	0.54	0.74	0.66	0.79

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $4,221,000K ÷ $27,894,000K
= 0.15

Expand Energy Corporation's total asset turnover has experienced fluctuations over the five-year period from 2020 to 2024. The ratio measures the efficiency of the company in generating revenue from its total assets.

In 2020, the total asset turnover was 0.79, indicating that the company generated $0.79 in revenue for every dollar of assets it held. This suggests a relatively efficient use of assets to generate sales.

However, in 2021, the total asset turnover decreased to 0.66, which could be a sign of either declining sales or an increase in the company's asset base without a corresponding increase in revenue. This may warrant further investigation into the company's operations and asset management.

The ratio improved in 2022 to 0.74, showing a better utilization of assets to generate revenue compared to the previous year. This could indicate improved operational efficiency or strategic changes that led to increased sales relative to assets.

A significant decline occurred in 2023, with the total asset turnover dropping to 0.54. This suggests a potential issue with asset utilization or revenue generation efficiency that may require management attention and corrective actions to improve performance.

The total asset turnover fell sharply in 2024 to 0.15, indicating a substantial decrease in the company's ability to generate revenue from its assets. This could signal operational challenges, inefficient asset management, or declining sales performance that could impact the company's overall financial health.

Overall, the trend in Expand Energy Corporation's total asset turnover over the five-year period shows fluctuations, with varying levels of efficiency in converting assets into revenue. Stakeholders may need to closely monitor this ratio and investigate the factors influencing these changes to make informed decisions regarding the company's operational and financial performance.