Alliant Energy Corp (LNT)
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 | 3,982,000 | 3,967,000 | 3,963,000 | 3,981,000 | 4,027,000 | 4,124,000 | 4,182,000 | 4,213,000 | 4,204,000 | 4,073,000 | 3,962,000 | 3,836,000 | 3,669,000 | 3,559,000 | 3,455,000 | 3,401,100 | 3,415,800 | 3,478,900 | 3,549,100 | 3,576,200 |
| Total assets | US$ in thousands | 22,714,000 | 22,829,000 | 21,836,000 | 21,248,000 | 21,988,000 | 20,904,000 | 20,383,000 | 20,240,000 | 20,163,000 | 20,205,000 | 19,391,000 | 18,839,000 | 18,553,000 | 18,329,000 | 17,939,000 | 17,594,000 | 17,710,000 | 17,540,000 | 17,269,700 | 16,879,000 |
| Total asset turnover | 0.18 | 0.17 | 0.18 | 0.19 | 0.18 | 0.20 | 0.21 | 0.21 | 0.21 | 0.20 | 0.20 | 0.20 | 0.20 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.21 | 0.21 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,982,000K ÷ $22,714,000K
= 0.18
Alliant Energy Corp's total asset turnover has been relatively stable between 0.17 to 0.21 over the past few years. This ratio indicates how efficiently the company is generating revenue from its total assets. A higher ratio suggests that the company is utilizing its assets effectively to generate sales.
The slight fluctuations in the total asset turnover may reflect changes in the company's operational efficiency and asset management. A consistent and stable total asset turnover ratio signifies that Alliant Energy Corp has maintained a steady level of revenue generation relative to its total assets.
Overall, the trend in Alliant Energy Corp's total asset turnover ratio suggests that the company is managing its assets efficiently to generate revenue, although further analysis in conjunction with other financial ratios would provide a more comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2024