Pursuit Attractions and Hospitality, Inc. (PRSU)

The total asset turnover ratio for Pursuit Attractions and Hospitality, Inc. demonstrates fluctuations over the five-year period from December 31, 2020, to December 31, 2024. At the close of 2020 and 2021, the ratio remained consistent at 0.49, indicating that the company generated approximately $0.49 in revenue for every dollar of total assets during these years. This stability suggests a relatively consistent efficiency in utilizing assets to generate sales during this period.

However, a noticeable decline occurred by the end of 2022, where the ratio decreased sharply to 0.27. This decline indicates a reduction in asset utilization efficiency, as the company generated only $0.27 in sales per dollar of assets, reflecting either a decrease in sales volume, an increase in total assets not matched by revenue growth, or a combination thereof.

Subsequently, the ratio exhibits signs of recovery, rising to 0.31 at the end of 2023 and further to 0.43 at the end of 2024. These increases indicate a gradual improvement in asset efficiency, but the ratio remains below the levels observed in 2020 and 2021. The upward trend suggests that the company has been working towards better asset utilization, but it has not yet regained the higher efficiency levels seen in the prior years.

Overall, the trend in the total asset turnover ratio reveals a period of efficiency decline starting in 2022, followed by a partial recovery through 2024. This pattern could reflect operational adjustments, strategic shifts, or changes in asset base that impact how effectively the company converts its total assets into sales.

Peer comparison

Dec 31, 2024