Silgan Holdings Inc (SLGN)
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 | 5,854,720 | 5,783,620 | 5,841,600 | 5,886,940 | 5,988,200 | 6,103,500 | 6,270,800 | 6,387,900 | 6,411,500 | 6,395,400 | 6,076,100 | 5,881,000 | 5,677,200 | 5,464,500 | 5,301,900 | 5,129,700 | 4,922,000 | 4,743,700 | 4,576,500 | 4,493,200 |
| Total assets | US$ in thousands | 8,584,600 | 7,747,400 | 7,693,240 | 7,574,260 | 7,611,240 | 7,812,300 | 7,913,700 | 7,861,700 | 7,345,800 | 7,519,400 | 7,874,500 | 7,710,400 | 7,770,800 | 7,547,800 | 6,724,300 | 6,441,500 | 6,519,500 | 6,452,600 | 6,373,100 | 5,528,500 |
| Total asset turnover | 0.68 | 0.75 | 0.76 | 0.78 | 0.79 | 0.78 | 0.79 | 0.81 | 0.87 | 0.85 | 0.77 | 0.76 | 0.73 | 0.72 | 0.79 | 0.80 | 0.75 | 0.74 | 0.72 | 0.81 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,854,720K ÷ $8,584,600K
= 0.68
Total asset turnover is a key financial ratio that measures a company's efficiency in generating sales revenue relative to its total assets. For Silgan Holdings Inc, the total asset turnover ratio has fluctuated over the past five years, ranging from a low of 0.68 to a high of 0.87.
The trend in Silgan Holdings Inc's total asset turnover ratio shows some variability, with slight increases and decreases throughout the period. However, the overall pattern suggests that the company has maintained a generally stable level of efficiency in utilizing its assets to generate sales revenue.
The company's total asset turnover ratio peaked at 0.87 in December 31, 2022, indicating that Silgan Holdings Inc was able to generate $0.87 in sales for every dollar of assets it had during that period. On the other hand, the lowest total asset turnover ratio of 0.68 was recorded on December 31, 2024, reflecting a lower level of asset efficiency in generating sales revenue.
Overall, the total asset turnover ratio provides insights into Silgan Holdings Inc's operational efficiency and how effectively it is using its assets to drive revenue growth. It is essential for investors and stakeholders to monitor this ratio over time to assess the company's performance and financial health.
Peer comparison
Dec 31, 2024