Golden Entertainment Inc (GDEN)
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 | 666,818 | 733,305 | 829,798 | 949,145 | 1,053,149 | 1,102,168 | 1,123,435 | 1,126,126 | 1,121,719 | 1,123,967 | 1,127,396 | 1,130,491 | 1,096,543 | 1,020,213 | 943,187 | 726,694 | 694,155 | 730,661 | 768,579 | 940,675 |
| Total assets | US$ in thousands | 1,079,910 | 1,101,580 | 1,181,220 | 1,501,930 | 1,513,070 | 1,544,660 | 1,494,250 | 1,499,880 | 1,508,670 | 1,547,670 | 1,546,850 | 1,604,140 | 1,615,560 | 1,644,270 | 1,664,700 | 1,615,190 | 1,570,950 | 1,608,930 | 1,623,940 | 1,902,270 |
| Total asset turnover | 0.62 | 0.67 | 0.70 | 0.63 | 0.70 | 0.71 | 0.75 | 0.75 | 0.74 | 0.73 | 0.73 | 0.70 | 0.68 | 0.62 | 0.57 | 0.45 | 0.44 | 0.45 | 0.47 | 0.49 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $666,818K ÷ $1,079,910K
= 0.62
Golden Entertainment Inc's total asset turnover has shown a fluctuating trend over the past few years, starting at 0.49 in March 2020 and reaching a peak of 0.75 in June 2023 before slightly declining to 0.62 by December 2024. This ratio indicates that for every dollar of total assets the company holds, it generates between 0.47 and 0.75 dollars in revenue, reflecting varying levels of efficiency in utilizing its assets to generate sales. Overall, Golden Entertainment Inc has demonstrated a generally improving performance in terms of total asset turnover, with some fluctuations observed in recent periods.
Peer comparison
Dec 31, 2024