Kaiser Aluminum Corporation (KALU)
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 | 3,024,000 | 2,980,300 | 2,976,200 | 3,016,900 | 3,087,000 | 3,141,300 | 3,146,600 | 3,286,700 | 3,427,900 | 3,458,300 | 3,460,000 | 3,246,800 | 2,622,000 | 2,087,600 | 1,592,700 | 1,127,400 | 1,172,700 | 1,269,400 | 1,388,600 | 1,488,200 |
| Total assets | US$ in thousands | 2,314,900 | 2,311,400 | 2,315,700 | 2,299,800 | 2,267,400 | 2,268,100 | 2,267,500 | 2,329,700 | 2,288,800 | 2,373,600 | 2,461,700 | 2,541,400 | 2,422,400 | 2,437,200 | 2,414,500 | 2,152,800 | 1,864,700 | 1,847,000 | 1,848,400 | 1,553,100 |
| Total asset turnover | 1.31 | 1.29 | 1.29 | 1.31 | 1.36 | 1.38 | 1.39 | 1.41 | 1.50 | 1.46 | 1.41 | 1.28 | 1.08 | 0.86 | 0.66 | 0.52 | 0.63 | 0.69 | 0.75 | 0.96 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,024,000K ÷ $2,314,900K
= 1.31
The total asset turnover ratio for Kaiser Aluminum Corporation has shown fluctuations over the periods analyzed. The ratio indicates how efficiently the company is utilizing its assets to generate revenue.
From March 31, 2020, to June 30, 2021, the total asset turnover ratio declined from 0.96 to 0.66, indicating a decrease in asset utilization efficiency. However, there was a significant improvement in asset turnover from December 31, 2021, to December 31, 2024, where the ratio steadily increased from 1.08 to 1.31. This suggests a more effective use of assets to generate sales revenue.
Overall, Kaiser Aluminum Corporation has shown improving efficiency in utilizing its assets to generate revenue, as evidenced by the increasing trend in the total asset turnover ratio from December 31, 2021, to December 31, 2024, reaching a ratio of 1.31 by the end of 2024.
Peer comparison
Dec 31, 2024