TKO Group Holdings, Inc. (TKO)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,804,340 | 1,674,970 | 1,140,150 | 1,031,940 | 891,154 |
| Total assets | US$ in thousands | 12,699,900 | 12,690,700 | 3,580,730 | 4,296,180 | 1,318,890 |
| Total asset turnover | 0.22 | 0.13 | 0.32 | 0.24 | 0.68 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,804,340K ÷ $12,699,900K
= 0.22
TKO Group Holdings, Inc.'s total asset turnover ratio has shown fluctuations over the past five years. In December 31, 2020, the ratio stood at 0.68, indicating that the company generated $0.68 in sales for every dollar of assets it held. However, by December 31, 2021, the total asset turnover decreased significantly to 0.24, suggesting a lower efficiency in utilizing assets to generate revenue.
In the subsequent years, there was some improvement in the total asset turnover ratio. By December 31, 2022, the ratio increased to 0.32, reflecting the company's ability to enhance asset utilization. Nonetheless, there was another decline by December 31, 2023, with the total asset turnover ratio dropping to 0.13, indicating a decrease in sales generated per dollar of assets.
Finally, in December 31, 2024, the total asset turnover ratio improved to 0.22, signifying a partial recovery in asset utilization efficiency. Overall, TKO Group Holdings, Inc. has experienced fluctuations in its total asset turnover ratio, suggesting varying levels of effectiveness in utilizing assets to generate revenue during the period under review.
Peer comparison
Dec 31, 2024