Nextera Energy Inc (NEE)
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 | 24,797,000 | 26,290,000 | 25,895,000 | 27,130,000 | 28,115,000 | 27,401,000 | 26,948,000 | 24,782,000 | 20,956,000 | 19,838,000 | 17,489,000 | 16,233,000 | 17,069,000 | 16,418,000 | 16,833,000 | 17,110,000 | 17,997,000 | 18,190,000 | 18,977,000 | 19,743,000 |
| Total assets | US$ in thousands | 190,144,000 | 186,013,000 | 184,724,000 | 179,950,000 | 177,489,000 | 171,674,000 | 168,275,000 | 165,357,000 | 158,935,000 | 156,409,000 | 151,770,000 | 144,945,000 | 140,912,000 | 139,163,000 | 135,013,000 | 132,441,000 | 127,684,000 | 126,382,000 | 121,961,000 | 120,637,000 |
| Total asset turnover | 0.13 | 0.14 | 0.14 | 0.15 | 0.16 | 0.16 | 0.16 | 0.15 | 0.13 | 0.13 | 0.12 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.14 | 0.14 | 0.16 | 0.16 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $24,797,000K ÷ $190,144,000K
= 0.13
Nextera Energy Inc's total asset turnover has shown a gradual decline from 0.16 as of March 31, 2020, to 0.13 as of March 31, 2024, with a slight increase to 0.14 in the subsequent quarters. This ratio measures the efficiency of the company in generating sales revenue relative to its total assets. A decreasing trend in total asset turnover may indicate that the company is less effective in utilizing its assets to generate sales. The consistent values around 0.14 to 0.16 in recent quarters suggest that Nextera Energy Inc may be facing challenges in driving growth and maximizing revenue from its asset base. Monitoring this ratio over time can help identify potential operational inefficiencies that could impact the company's overall financial performance.
Peer comparison
Dec 31, 2024