Kyndryl Holdings Inc (KD)
Total asset turnover
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 15,057,000 | 15,107,000 | 15,299,000 | 15,598,000 | 16,052,000 | 16,457,000 | 16,824,000 | 16,930,000 | 17,025,000 | 17,201,000 | 17,454,000 | 17,854,000 | 18,317,000 | 18,657,000 | 19,028,000 | 19,305,000 | 19,291,000 | 19,304,500 |
Total assets | US$ in thousands | 1,934,000 | 9,925,000 | 10,396,000 | 10,163,000 | 10,590,000 | 10,969,000 | 10,602,000 | 10,986,000 | 11,464,000 | 11,851,000 | 11,629,000 | 12,304,000 | 13,442,000 | 13,213,000 | 12,063,000 | 11,066,000 | 11,066,000 | 11,205,000 |
Total asset turnover | 7.79 | 1.52 | 1.47 | 1.53 | 1.52 | 1.50 | 1.59 | 1.54 | 1.49 | 1.45 | 1.50 | 1.45 | 1.36 | 1.41 | 1.58 | 1.74 | 1.74 | 1.72 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,057,000K ÷ $1,934,000K
= 7.79
Kyndryl Holdings Inc's total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate revenue. The trend analysis of the total asset turnover ratio over the given periods shows fluctuations in the company's efficiency in generating sales relative to its total assets.
The total asset turnover ratio has fluctuated over the period, starting at 1.72 on December 31, 2020, and reaching its peak at 7.79 on March 31, 2025. Generally, a higher total asset turnover ratio reflects better asset utilization and efficiency in generating sales from the company's assets.
However, it is important to note that the significant spike in the total asset turnover ratio to 7.79 on March 31, 2025 may be an outlier or an anomaly that requires further investigation, as such a drastic change in efficiency within a short period is unusual.
Overall, while the total asset turnover ratio has shown some variability, it is essential to further analyze the underlying reasons for these fluctuations to understand the company's operational efficiency and asset management practices. This analysis could involve comparing industry averages, examining specific business developments or changes in the company's operations that may have influenced the ratio.
Peer comparison
Mar 31, 2025