Texas Instruments Incorporated (TXN)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,641,000 | 17,519,000 | 20,028,000 | 18,344,000 | 14,461,000 |
| Total assets | US$ in thousands | 35,509,000 | 32,348,000 | 27,207,000 | 24,676,000 | 19,351,000 |
| Total asset turnover | 0.44 | 0.54 | 0.74 | 0.74 | 0.75 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $15,641,000K ÷ $35,509,000K
= 0.44
Texas Instruments Incorporated's total asset turnover has seen a downward trend over the last five years, decreasing from 0.75 in December 2020 to 0.44 by December 2024. This indicates that the company generated $0.44 in revenue for every dollar of assets owned at the end of 2024. The declining trend suggests that the company may be becoming less efficient in utilizing its assets to generate revenue. Further analysis of the underlying reasons for this decrease in total asset turnover would be necessary to determine the root cause and potential implications for the company's overall financial performance.
Peer comparison
Dec 31, 2024