Talos Energy (TALO)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,973,570 | 1,457,890 | 1,651,980 | 1,244,540 | 575,936 |
| Total assets | US$ in thousands | 6,191,800 | 4,816,310 | 3,058,630 | 2,766,820 | 2,834,550 |
| Total asset turnover | 0.32 | 0.30 | 0.54 | 0.45 | 0.20 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,973,570K ÷ $6,191,800K
= 0.32
Total Asset Turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets.
For Talos Energy, the Total Asset Turnover has shown fluctuations over the years. In December 2020, the ratio was 0.20, indicating that the company generated $0.20 in sales for every $1 of assets.
By December 2021, the Total Asset Turnover improved to 0.45, showing an increase in efficiency as the company generated $0.45 in sales for every $1 of assets. This trend continued in December 2022 with a ratio of 0.54, indicating further improvement in asset utilization.
However, in December 2023, the Total Asset Turnover decreased to 0.30, suggesting a decline in efficiency in generating sales from assets. Similarly, in December 2024, the ratio remained relatively stable at 0.32.
Overall, Talos Energy has demonstrated varying levels of efficiency in utilizing its assets to generate sales revenue over the years, with improvements in some periods and declines in others.
Peer comparison
Dec 31, 2024