IAC Inc. (IAC)

Total asset turnover is a key efficiency ratio that measures a company's ability to generate revenue from its total assets. Looking at the data provided for IAC Inc., we observe fluctuations in the total asset turnover ratio over the five-year period.

In December 31, 2020, IAC Inc. had a total asset turnover ratio of 0.30, indicating that the company generated $0.30 in revenue for every $1 of total assets. The ratio decreased slightly to 0.29 by December 31, 2021, suggesting a slight decline in asset utilization during that period.

However, there was a significant improvement in efficiency by December 31, 2022, with the total asset turnover ratio increasing to 0.50. This indicates that IAC Inc. managed to generate $0.50 in revenue for every $1 of total assets, reflecting better asset utilization and potentially improved operational efficiency.

By December 31, 2023, the total asset turnover ratio declined to 0.42, indicating a reduction in revenue generation relative to total assets compared to the previous year. This could signal challenges in effectively utilizing assets to generate revenue during that period.

Subsequently, by December 31, 2024, the total asset turnover ratio decreased to 0.40, showing a further decline in asset utilization efficiency. This suggests that IAC Inc. may have faced difficulties in optimizing the use of its assets to generate revenue in the most recent period.

Overall, the fluctuating trend in total asset turnover for IAC Inc. over the five-year period indicates varying levels of effectiveness in generating revenue from its total asset base. The company experienced periods of both improvement and decline in asset utilization efficiency, which could be influenced by various internal and external factors affecting its operations and financial performance.

Peer comparison

Dec 31, 2024