Expand Energy Corporation (EXE)

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	4,232,000	4,042,000	4,908,000	5,813,000	7,775,000	9,102,000	11,783,000	14,377,000	14,123,000	13,772,000	11,213,000	8,631,000	7,317,000	5,739,000	5,240,000	4,503,000	4,670,000	5,515,000	6,300,000	7,717,000
Total assets	US$ in thousands	27,894,000	13,392,000	13,608,000	14,018,000	14,376,000	14,248,000	14,429,000	14,591,000	15,726,000	14,089,000	13,899,000	13,293,000	11,009,000	7,326,000	6,999,000	6,904,000	6,584,000	6,903,000	6,553,000	7,808,000
Total asset turnover		0.15	0.30	0.36	0.41	0.54	0.64	0.82	0.99	0.90	0.98	0.81	0.65	0.66	0.78	0.75	0.65	0.71	0.80	0.96	0.99

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,232,000K ÷ $27,894,000K
= 0.15

Expand Energy Corporation's total asset turnover has fluctuated over the past few years. It decreased from 0.99 on March 31, 2020, to 0.15 on December 31, 2024. The ratio measures how efficiently the company generates sales revenue from its assets. A higher total asset turnover ratio indicates that the company is utilizing its assets more effectively to generate revenue.

The decline in total asset turnover over the period may indicate inefficiencies in asset utilization or declining sales relative to assets. It is essential for the company to closely monitor and manage its asset turnover to ensure optimal performance and efficiency in utilizing its resources.

Further analysis of the company's operational strategies, asset management practices, and sales performance may help identify underlying reasons for the fluctuations in total asset turnover and guide management in making informed decisions to improve efficiency and profitability.