HCA Holdings Inc (HCA)
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 | 70,603,000 | 69,621,000 | 68,347,000 | 66,716,000 | 64,968,000 | 63,162,000 | 61,920,000 | 60,879,000 | 60,233,000 | 59,800,000 | 60,105,000 | 59,720,000 | 58,752,000 | 57,981,000 | 56,016,000 | 52,649,000 | 51,533,000 | 50,763,000 | 50,146,000 | 51,680,000 |
| Total assets | US$ in thousands | 59,513,000 | 59,459,000 | 57,379,000 | 56,962,000 | 56,211,000 | 54,589,000 | 53,594,000 | 52,711,000 | 52,438,000 | 51,484,000 | 51,584,000 | 52,208,000 | 50,742,000 | 49,562,000 | 48,164,000 | 47,277,000 | 47,490,000 | 51,016,000 | 48,709,000 | 45,421,000 |
| Total asset turnover | 1.19 | 1.17 | 1.19 | 1.17 | 1.16 | 1.16 | 1.16 | 1.15 | 1.15 | 1.16 | 1.17 | 1.14 | 1.16 | 1.17 | 1.16 | 1.11 | 1.09 | 1.00 | 1.03 | 1.14 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $70,603,000K ÷ $59,513,000K
= 1.19
Total asset turnover measures how efficiently a company utilizes its assets to generate revenue. A higher ratio indicates better asset utilization. Analyzing the data provided for HCA Holdings Inc, we observe fluctuations in its total asset turnover over the indicated periods.
The total asset turnover ratios range from 1.00 to 1.19. The company's performance fluctuates between average to above-average efficiency in generating sales from its assets. Specifically, the ratios show a slight decline in mid-2020, bouncing back to higher levels in subsequent periods. From March 2024 to December 2024, there appears to be a steady upward trend, with ratios consistently above 1.15, indicating efficient asset utilization.
Overall, the data suggests that HCA Holdings Inc has demonstrated relatively stable asset turnover performance, with recent periods showing improved efficiency in generating revenue from its assets. This trend indicates the company's ability to effectively manage and utilize its assets, potentially leading to improved financial performance.
Peer comparison
Dec 31, 2024