Metallus, Inc (MTUS)
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 | 1,084,000 | 1,171,600 | 1,293,800 | 1,355,700 | 1,357,600 | 1,274,900 | 1,242,300 | 1,301,400 | 1,329,900 | 1,422,800 | 1,449,700 | 1,361,300 | 1,282,900 | 1,155,800 | 1,018,000 | 844,700 | 830,800 | 846,500 | 914,800 | 1,097,500 |
| Total assets | US$ in thousands | 1,116,700 | 1,133,400 | 1,120,400 | 1,165,800 | 1,240,000 | 1,153,800 | 1,148,500 | 1,135,300 | 1,140,600 | 1,122,300 | 1,217,300 | 1,186,000 | 1,257,200 | 1,116,400 | 1,063,100 | 1,048,100 | 994,000 | 983,700 | 1,003,700 | 1,070,000 |
| Total asset turnover | 0.97 | 1.03 | 1.15 | 1.16 | 1.09 | 1.10 | 1.08 | 1.15 | 1.17 | 1.27 | 1.19 | 1.15 | 1.02 | 1.04 | 0.96 | 0.81 | 0.84 | 0.86 | 0.91 | 1.03 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,084,000K ÷ $1,116,700K
= 0.97
Total asset turnover represents how efficiently a company is using its assets to generate revenue. A high total asset turnover indicates that the company is effectively utilizing its assets to generate sales.
Analyzing Metallus, Inc's total asset turnover over the past few years, we see some fluctuations. From December 31, 2020, to June 30, 2021, there was a decline in total asset turnover from 0.84 to 0.96, indicating a slight decrease in efficiency in asset utilization during that period.
However, from December 31, 2021, to September 30, 2022, there was a notable improvement in total asset turnover from 1.02 to 1.27, suggesting that the company significantly enhanced its efficiency in generating revenue from its assets during that time.
While there were some fluctuations in total asset turnover in the subsequent periods, overall, the metric remained relatively stable between 1.03 and 1.19. This stability indicates that the company maintained a consistent level of efficiency in utilizing its assets to generate sales during those periods.
The average total asset turnover for the entire period under review was approximately 1.07. This suggests that on average, for every dollar of assets, Metallus, Inc generated $1.07 of sales revenue.
In conclusion, despite some fluctuations, Metallus, Inc demonstrates a reasonable level of efficiency in utilizing its assets to generate revenue, with fluctuations indicating variations in asset utilization efficiency over the years.
Peer comparison
Dec 31, 2024