Talos Energy (TALO)

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	1,973,568	1,873,342	1,747,191	1,565,236	1,457,886	1,415,128	1,409,121	1,560,996	1,651,980	1,692,734	1,606,515	1,391,198	1,244,540	1,034,187	876,214	660,021	575,936	630,079	724,971	915,695
Total assets	US$ in thousands	6,191,800	6,399,080	6,361,860	6,434,380	4,816,310	4,753,100	4,805,410	4,795,760	3,058,630	2,813,370	2,863,100	2,810,490	2,766,820	2,786,160	2,852,160	2,839,690	2,834,550	3,172,280	3,174,650	3,238,190
Total asset turnover		0.32	0.29	0.27	0.24	0.30	0.30	0.29	0.33	0.54	0.60	0.56	0.50	0.45	0.37	0.31	0.23	0.20	0.20	0.23	0.28

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,973,568K ÷ $6,191,800K
= 0.32

The total asset turnover of Talos Energy has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio measures how efficiently the company is utilizing its assets to generate revenue.

Initially, the total asset turnover ratio was low at 0.28 on March 31, 2020, indicating that Talos Energy was generating $0.28 in revenue for every dollar of assets. The ratio decreased further to 0.20 by September 30, 2020, suggesting a decline in asset utilization efficiency.

However, from March 31, 2021, to September 30, 2022, there was a significant improvement in the total asset turnover ratio, reaching a peak of 0.60 on September 30, 2022. This indicates that Talos Energy was generating more revenue per dollar of assets during this period, reflecting better asset utilization efficiency.

Subsequently, the ratio declined, fluctuating around 0.30 from March 31, 2023, to December 31, 2024. This suggests a decrease in asset turnover efficiency compared to the earlier peak. Overall, the trend in total asset turnover for Talos Energy indicates a mix of periods of improved and declining asset utilization efficiency over the analyzed period.