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

Company name
Symbol
Total asset turnover
Warrior Met Coal Inc
HCC
0.59
Core Natural Resources, Inc.
CNR
0.81