Pursuit Attractions and Hospitality, Inc. (PRSU)

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 130,570 366,488 1,399,418 1,309,613 1,251,386 1,238,680 1,195,028 1,211,850 1,210,742 1,127,311 1,062,857 913,735 655,765 507,340 349,339 178,547 147,381 413,104 708,866 999,802
Total assets US$ in thousands 832,564 845,008 1,195,830 1,223,400 1,180,300 1,137,320 1,200,540 1,152,770 1,104,280 1,090,350 1,144,630 1,141,160 1,059,550 1,037,630 1,057,560 944,476 904,655 853,224 869,092 998,464
Total asset turnover 0.16 0.43 1.17 1.07 1.06 1.09 1.00 1.05 1.10 1.03 0.93 0.80 0.62 0.49 0.33 0.19 0.16 0.48 0.82 1.00

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $130,570K ÷ $832,564K
= 0.16

The total asset turnover ratio of Pursuit Attractions and Hospitality, Inc. exhibits notable fluctuations over the analyzed period from June 30, 2020, through March 31, 2025. Initially, the ratio was at 1.00 in June 2020, indicating that the company generated one dollar of revenue for every dollar of assets employed. During the subsequent quarters, a declining trend is observed, reaching a low of 0.16 by March 31, 2021, which suggests a diminished efficiency in asset utilization, potentially attributable to operational disruptions or strategic reevaluations.

From the second quarter of 2021 onward, the ratio demonstrates an upward trajectory, recovering to 0.19 in June 2021 and continuing to improve steadily through 2022 and into 2023. Notably, the ratio surpasses 1.0 in December 2022 and maintains a level above this threshold through September 2023, reaching a peak of approximately 1.17 in September 2024. This trend indicates enhanced effectiveness in utilizing assets to generate revenue, possibly reflecting operational efficiencies, strategic asset management, or increased demand.

However, a significant decline is observed at the end of 2024, with the ratio dropping sharply to 0.43 in December 2024, and further plummeting to 0.16 by March 2025. This abrupt decrease implies a substantial reduction in asset efficiency, which could be due to various factors such as asset impairments, revenue declines, or increased asset bases not matched by proportional revenue growth.

Overall, the data depicts a period of initial decline, subsequent recovery and growth, followed by a pronounced downturn at the end of the observed period. The fluctuations suggest that the company's asset utilization efficiency has been subject to significant volatility, likely influenced by external economic conditions, operational strategies, and market dynamics affecting the hospitality and attractions industry.