Sunrun Inc (RUN)
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 | 2,037,719 | 2,035,817 | 2,061,825 | 2,128,152 | 2,259,813 | 2,352,375 | 2,421,100 | 2,415,487 | 2,321,422 | 2,147,499 | 1,954,358 | 1,770,944 | 1,609,954 | 1,495,131 | 1,266,126 | 1,046,254 | 922,191 | 845,722 | 851,504 | 874,805 |
| Total assets | US$ in thousands | 19,897,900 | 22,104,300 | 21,443,400 | 20,834,300 | 20,450,200 | 20,027,100 | 20,490,600 | 19,728,300 | 19,268,800 | 18,568,100 | 17,800,600 | 17,255,100 | 16,483,300 | 16,089,700 | 15,428,800 | 14,886,000 | 14,382,900 | 6,306,830 | 6,005,040 | 5,938,510 |
| Total asset turnover | 0.10 | 0.09 | 0.10 | 0.10 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.07 | 0.06 | 0.13 | 0.14 | 0.15 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,037,719K ÷ $19,897,900K
= 0.10
Sunrun Inc's total asset turnover has shown a declining trend from 0.15 in March 2020 to 0.10 in December 2024, indicating a decreasing efficiency in generating revenue relative to its total assets over the period. However, the ratio stabilized around 0.10 in the latter part of the period. A total asset turnover below 1 suggests that the company is not generating a high level of sales relative to its total assets. It is important for Sunrun Inc to closely monitor and assess this ratio to ensure effective utilization of its assets in generating revenue.
Peer comparison
Dec 31, 2024