Monro Muffler Brake Inc (MNRO)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 1,276,790 | 1,325,380 | 1,359,330 | 1,125,720 |
| Total assets | US$ in thousands | — | 1,692,810 | 1,776,880 | 1,871,410 | 1,811,810 |
| Total asset turnover | — | 0.75 | 0.75 | 0.73 | 0.62 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $—K ÷ $—K
= —
The total asset turnover ratio for Monro Muffler Brake Inc has shown a fluctuating trend over the past few years. In March 2021, the ratio stood at 0.62, indicating that the company generated $0.62 in revenue for every $1 of assets it possessed.
Subsequently, there was an improvement in the total asset turnover ratio to 0.73 in March 2022 and a further increase to 0.75 in March 2023 and March 2024. This suggests that the company has been more efficient in generating sales in relation to its total assets during these years.
However, the data for March 2025 is not available. It would be essential to examine the reasons behind this missing data point and assess whether there have been any significant changes affecting the company's asset turnover.
Overall, the increasing trend in the total asset turnover ratio indicates an improvement in asset utilization efficiency for Monro Muffler Brake Inc, which is a positive sign for the company's operational performance.
Peer comparison
Mar 31, 2025