New York Times Company (NYT)
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 | 2,585,919 | 2,535,505 | 2,493,672 | 2,459,428 | 2,426,152 | 2,417,473 | 2,366,808 | 2,331,635 | 2,308,321 | 2,235,017 | 2,196,440 | 2,139,257 | 2,074,877 | 1,990,003 | 1,907,795 | 1,813,048 | 1,783,639 | 1,782,644 | 1,784,250 | 1,816,758 |
| Total assets | US$ in thousands | 2,841,480 | 2,762,100 | 2,673,370 | 2,622,820 | 2,714,600 | 2,546,530 | 2,479,070 | 2,472,290 | 2,533,750 | 2,515,390 | 2,512,860 | 2,529,270 | 2,564,110 | 2,469,410 | 2,348,010 | 2,282,760 | 2,307,690 | 2,139,540 | 2,058,360 | 2,023,470 |
| Total asset turnover | 0.91 | 0.92 | 0.93 | 0.94 | 0.89 | 0.95 | 0.95 | 0.94 | 0.91 | 0.89 | 0.87 | 0.85 | 0.81 | 0.81 | 0.81 | 0.79 | 0.77 | 0.83 | 0.87 | 0.90 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,585,919K ÷ $2,841,480K
= 0.91
The total asset turnover ratio of New York Times Company has shown some fluctuations over the analyzed period, ranging from 0.77 to 0.95. This ratio measures how efficiently the company is generating sales in relation to its total assets. A higher total asset turnover ratio indicates that the company is generating more revenue per dollar of assets.
In the recent quarters, the total asset turnover ratio has been relatively stable, hovering around the range of 0.89 to 0.94. This indicates that the company has been effectively utilizing its assets to generate revenue. However, a slight decline in the ratio towards the end of the period could suggest a decrease in asset efficiency.
It is important for the company to continue monitoring and managing its asset turnover ratio to ensure optimal utilization of resources and sustainable revenue generation. Further analysis of the company's operational efficiency and asset management strategies may be required to understand the factors driving the fluctuations in the total asset turnover ratio.
Peer comparison
Dec 31, 2024