Triumph Group Inc (TGI)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,261,960 | 1,192,040 | 1,379,130 | 1,459,940 | 1,869,720 |
| Total assets | US$ in thousands | 1,626,930 | 1,686,270 | 1,714,840 | 1,760,700 | 2,450,940 |
| Total asset turnover | 0.78 | 0.71 | 0.80 | 0.83 | 0.76 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,261,960K ÷ $1,626,930K
= 0.78
The total asset turnover of Triumph Group Inc has been fluctuating over the past five years. It was 0.76 in March 31, 2021, and gradually increased to 0.83 in March 31, 2022. However, there was a slight decrease to 0.80 in March 31, 2023. The ratio then dropped to 0.71 in March 31, 2024, which indicates that the company generated $0.71 in revenue for every dollar of assets it had during that period. In the latest year, March 31, 2025, the total asset turnover improved slightly to 0.78. This suggests that Triumph Group Inc has been efficient in utilizing its assets to generate revenue, although there may be opportunities to further optimize asset utilization for increased profitability.
Peer comparison
Mar 31, 2025