MasterBrand Inc. (MBC)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,700,400 | 2,709,800 | 2,669,000 | 2,687,600 |
| Total assets | US$ in thousands | 2,929,800 | 2,960,200 | 2,427,100 | 2,400,100 |
| Total asset turnover | 0.92 | 0.92 | 1.10 | 1.12 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,700,400K ÷ $2,929,800K
= 0.92
The total asset turnover ratio for MasterBrand Inc. decreased from 1.12 in March 2024 to 0.92 in both September and December 2024, with a slight dip to 1.10 in June 2024. This indicates that, on average, the company generated $1.12, $1.10, $0.92, and $0.92 in revenue for every dollar of total assets it held in March, June, September, and December 2024, respectively. A declining trend in total asset turnover suggests that the efficiency of utilizing assets to generate revenue may have decreased over the year, possibly due to either decreasing sales or an increase in the total asset base. Further investigation into the company's operations and financial performance is recommended to understand the underlying reasons for this pattern and to address any potential issues affecting asset utilization efficiency.
Peer comparison
Dec 31, 2024