TKO Group Holdings, Inc. (TKO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,804,341 | 2,776,145 | 2,543,972 | 1,997,996 | 1,675,015 | 1,332,786 | 1,224,385 | 1,187,258 | 1,140,147 | 1,178,633 | 1,093,787 | 1,091,269 | 1,095,174 |
| Total assets | US$ in thousands | 12,699,900 | 12,770,400 | 12,719,800 | 12,722,300 | 12,690,700 | 12,736,400 | 3,576,190 | 3,543,210 | 3,580,730 | 1,333,090 | 1,279,050 | 1,245,350 | 1,220,100 |
| Total asset turnover | 0.22 | 0.22 | 0.20 | 0.16 | 0.13 | 0.10 | 0.34 | 0.34 | 0.32 | 0.88 | 0.86 | 0.88 | 0.90 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,804,341K ÷ $12,699,900K
= 0.22
The total asset turnover for TKO Group Holdings, Inc. has shown a declining trend from December 31, 2021, to December 31, 2023, indicating the company's decreasing efficiency in generating sales from its total assets during this period. However, there was a slight improvement in the total asset turnover from March 31, 2023, to June 30, 2024, which suggests a temporary increase in asset utilization efficiency.
In the last quarter of 2024, the total asset turnover remained relatively stable at 0.22, indicating that the company maintained a consistent level of efficiency in generating revenue from its total assets during this period.
Overall, although there were fluctuations in the total asset turnover over the analyzed period, it is essential for TKO Group Holdings, Inc. to focus on improving its asset utilization efficiency to enhance its overall financial performance.
Peer comparison
Dec 31, 2024