HCA Holdings Inc (HCA)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 70,603,000 | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 |
| Total assets | US$ in thousands | 59,513,000 | 56,211,000 | 52,438,000 | 50,742,000 | 47,490,000 |
| Total asset turnover | 1.19 | 1.16 | 1.15 | 1.16 | 1.09 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $70,603,000K ÷ $59,513,000K
= 1.19
The total asset turnover of HCA Holdings Inc has shown a positive trend over the years, increasing from 1.09 in December 31, 2020, to 1.19 in December 31, 2024. This indicates that the company is generating more revenue for each dollar of assets employed in its operations, reflecting improved efficiency in utilizing its assets. The consistent uptrend in total asset turnover suggests that HCA Holdings Inc is effectively managing its assets to generate sales, which is a positive sign for the company's operational performance and overall financial health.
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
HCA Holdings Inc
HCA
1.19
Tenet Healthcare Corporation
THC
0.71
Universal Health Services Inc
UHS
1.09