National Presto Industries Inc (NPK)
Total asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 446,267 | 388,228 | 351,952 | 343,270 | 337,156 | 340,912 | 356,544 | 343,086 | 341,278 | 321,623 | 307,982 | 325,524 | 335,504 | 355,777 | 361,292 | 368,004 | 368,018 | 352,627 | 341,614 | 319,422 |
| Total assets | US$ in thousands | 453,397 | 453,397 | 428,902 | 418,097 | 417,455 | 443,323 | 415,969 | 401,805 | 395,879 | 411,847 | 407,443 | 393,982 | 388,514 | 420,398 | 425,909 | 406,535 | 395,231 | 433,170 | 410,678 | 406,320 |
| Total asset turnover | 0.98 | 0.86 | 0.82 | 0.82 | 0.81 | 0.77 | 0.86 | 0.85 | 0.86 | 0.78 | 0.76 | 0.83 | 0.86 | 0.85 | 0.85 | 0.91 | 0.93 | 0.81 | 0.83 | 0.79 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $446,267K ÷ $453,397K
= 0.98
Total asset turnover measures how efficiently a company is utilizing its assets to generate revenue. For National Presto Industries Inc, the total asset turnover ratio has fluctuated over the years. It was relatively low in the range of 0.76 to 0.93 between June 2020 and March 2025.
The ratio peaked at 0.98 in March 2025, indicating that the company generated $0.98 in revenue for every $1 of assets on its balance sheet. This suggests improved efficiency in asset utilization during that period.
Despite fluctuations, the company has managed to maintain a fairly stable average total asset turnover, hovering around 0.80 to 0.85 range over the years. It is important for National Presto Industries Inc to continue monitoring and improving its total asset turnover to ensure optimal utilization of its assets in generating revenue.
Peer comparison
Mar 31, 2025