Paramount Skydance Corporation Class B Common Stock (PSKY)
Total asset turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 29,213,000 | 29,652,000 | 30,154,000 | 28,586,000 | 25,285,000 |
Total assets | US$ in thousands | 46,172,000 | 53,543,000 | 58,393,000 | 58,620,000 | 52,663,000 |
Total asset turnover | 0.63 | 0.55 | 0.52 | 0.49 | 0.48 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $29,213,000K ÷ $46,172,000K
= 0.63
The total asset turnover ratio for Paramount Skydance Corporation Class B Common Stock has demonstrated a consistent upward trend over the analyzed period. Specifically, the ratio increased from 0.48 as of December 31, 2020, to 0.49 as of December 31, 2021. This modest improvement suggests a slight enhancement in the company's efficiency in generating sales from its assets during that interval. From December 31, 2021, to December 31, 2022, the ratio grew further to 0.52, indicating continued gains in asset utilization. The upward trajectory persisted into 2023, reaching 0.55, reflecting ongoing improvements in operational efficiency. The most recent figure for December 31, 2024, exhibits a more significant increase to 0.63, underscoring a notable advancement in asset utilization over the past year. Overall, these trends suggest that the company has progressively optimized its use of assets to generate sales, leading to higher efficiency ratios across the observed period.
Peer comparison
Dec 31, 2024