NorthWestern Corporation (NWE)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,513,898 | 1,496,441 | 1,472,370 |
| Total assets | US$ in thousands | 7,997,520 | 7,854,070 | 7,713,820 |
| Total asset turnover | 0.19 | 0.19 | 0.19 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,513,898K ÷ $7,997,520K
= 0.19
NorthWestern Corporation's total asset turnover ratio for the periods ending June 30, September 30, and December 31, 2024, remained constant at 0.19. This indicates that for each dollar of assets the company holds, it generates $0.19 of revenue. A total asset turnover ratio of 0.19 suggests that NorthWestern Corporation may not be efficiently utilizing its assets to generate sales compared to its industry peers. The stability of the ratio over the three periods indicates a consistent performance in asset utilization. Further analysis and comparison with industry benchmarks would provide a better understanding of NorthWestern Corporation's efficiency in generating revenue from its assets.
Peer comparison
Dec 31, 2024