Sempra Energy (SRE)
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 | 13,185,000 | 12,918,000 | 13,476,000 | 13,800,000 | 16,720,000 | 16,684,000 | 16,967,000 | 17,179,000 | 14,439,000 | 14,828,000 | 14,224,000 | 13,418,000 | 12,857,000 | 12,184,000 | 11,815,000 | 11,600,000 | 11,370,000 | 11,142,000 | 11,256,000 | 10,960,000 |
| Total assets | US$ in thousands | 96,155,000 | 93,748,000 | 90,473,000 | 89,604,000 | 87,181,000 | 85,735,000 | 82,727,000 | 80,549,000 | 78,574,000 | 75,563,000 | 75,582,000 | 74,922,000 | 72,045,000 | 70,472,000 | 68,608,000 | 67,821,000 | 66,623,000 | 67,222,000 | 68,385,000 | 68,293,000 |
| Total asset turnover | 0.14 | 0.14 | 0.15 | 0.15 | 0.19 | 0.19 | 0.21 | 0.21 | 0.18 | 0.20 | 0.19 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $13,185,000K ÷ $96,155,000K
= 0.14
Sempra Energy's total asset turnover ratio has shown fluctuations over the periods provided in the data. The ratio has generally been low, starting at 0.16 in March 2020 and fluctuating between 0.15 and 0.21 until December 2024.
Total asset turnover measures how efficiently a company generates sales from its assets. A higher ratio indicates better asset utilization, as the company is generating more revenue per dollar of assets. Conversely, a lower ratio suggests less efficiency in utilizing assets to generate sales.
In the case of Sempra Energy, the varying total asset turnover ratios may indicate changes in the company's operational efficiency and asset management strategies over time. It is important to assess the reasons behind these fluctuations to understand the impact on the company's overall financial performance and effectiveness in utilizing its assets to generate revenue. An in-depth analysis of the factors influencing these changes would provide more insight into the company's operational performance.
Peer comparison
Dec 31, 2024