H2O America (HTO)

Total asset turnover

Jun 30, 2025 Mar 31, 2025 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
Revenue (ttm) US$ in thousands 788,737 766,656 748,439 721,957 701,737 682,449 670,363 670,399 641,537 633,692 620,698 589,061 580,003 583,203 573,686 569,649 568,589 563,557 564,526 554,664
Total assets US$ in thousands 4,846,930 4,728,810 4,658,310 4,552,300 4,439,430 4,367,510 4,345,070 3,843,430 3,712,160 3,652,500 3,755,060 3,604,700 3,541,050 3,511,880 3,492,400 3,469,740 3,409,520 3,332,140 3,311,460 3,259,710
Total asset turnover 0.16 0.16 0.16 0.16 0.16 0.16 0.15 0.17 0.17 0.17 0.17 0.16 0.16 0.17 0.16 0.16 0.17 0.17 0.17 0.17

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $788,737K ÷ $4,846,930K
= 0.16

The total asset turnover ratio of H2O America has demonstrated a relatively consistent pattern over the analyzed period from September 2020 through June 2025. The ratio predominantly hovered around 0.16 to 0.17, indicating that the company generates approximately 16 to 17 cents of sales for each dollar of total assets employed.

Initially, the value remained steady at 0.17 from September 2020 through March 2022, suggesting stable efficiency in utilizing assets to generate sales. A slight decline to 0.16 was observed in September 2021 and persisted through the rest of 2022, with a minor uptick returning to 0.17 in December 2022 and into early 2023.

In the subsequent period extending into mid-2025, the ratio stabilized again at approximately 0.16, with only a marginal variation. The data indicates that H2O America's asset utilization efficiency has remained relatively stable over the analyzed period, reflecting a consistent approach in managing assets relative to sales activity. The slight fluctuations around the 0.16 to 0.17 range suggest limited volatility and imply that the company maintains a steady operational structure without significant changes in asset deployment or sales efficiency.