Sotera Health Co (SHC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,100,440 | 1,049,290 | 1,003,690 | 931,478 | 818,158 |
| Total assets | US$ in thousands | 3,071,650 | 3,130,420 | 3,117,700 | 2,789,500 | 2,761,280 |
| Total asset turnover | 0.36 | 0.34 | 0.32 | 0.33 | 0.30 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,100,440K ÷ $3,071,650K
= 0.36
The total asset turnover for Sotera Health Co has shown a gradual improvement over the past five years, increasing from 0.30 in December 31, 2020, to 0.36 in December 31, 2024. This indicates that the company is generating more revenue from its total assets, reflecting efficiency in asset utilization. The slight fluctuations in the ratio between 0.32 and 0.34 during the intermediate years suggest some variability in the company's ability to generate sales from its assets. Overall, the increasing trend in total asset turnover indicates positive growth and effective management of assets to drive sales.
Peer comparison
Dec 31, 2024