Warrior Met Coal Inc (HCC)
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 | 1,532,254 | 1,639,102 | 1,722,717 | 1,705,199 | 1,703,690 | 1,643,400 | 1,621,481 | 1,866,718 | 1,722,254 | 1,783,131 | 1,595,163 | 1,197,238 | 1,045,656 | 853,009 | 831,310 | 768,151 | 783,157 | 775,805 | 888,048 | 1,139,650 |
Total assets | US$ in thousands | 2,591,520 | 2,580,450 | 2,560,860 | 2,478,590 | 2,357,060 | 2,219,250 | 2,244,080 | 2,150,990 | 2,028,100 | 1,935,280 | 1,898,920 | 1,643,350 | 1,464,210 | 1,344,610 | 1,347,080 | 1,379,990 | 1,393,940 | 1,391,010 | 1,397,190 | 1,439,170 |
Total asset turnover | 0.59 | 0.64 | 0.67 | 0.69 | 0.72 | 0.74 | 0.72 | 0.87 | 0.85 | 0.92 | 0.84 | 0.73 | 0.71 | 0.63 | 0.62 | 0.56 | 0.56 | 0.56 | 0.64 | 0.79 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,532,254K ÷ $2,591,520K
= 0.59
Warrior Met Coal Inc's total asset turnover has shown some fluctuations over the reported periods, ranging from a low of 0.56 to a high of 0.92. The total asset turnover indicates how efficiently the company is utilizing its assets to generate revenue. A higher turnover ratio generally implies that the company is effectively generating revenue from its assets.
From March 31, 2020, to December 31, 2020, there was a decline in total asset turnover from 0.79 to 0.56, indicating a decrease in the company's efficiency in generating revenue from its assets. However, from December 31, 2020, to June 30, 2022, there was a general increasing trend in the total asset turnover, reaching a peak of 0.92 on September 30, 2022, before declining slightly.
After September 30, 2022, the total asset turnover fluctuated within a relatively narrow range, with values ranging between 0.64 and 0.87. The ratios above 1 would indicate that the company generates more revenue per dollar of assets. Overall, the company's total asset turnover has shown some variability over the periods, suggesting fluctuations in how efficiently it utilizes its assets to generate revenue.
Peer comparison
Dec 31, 2024