Under Armour Inc A (UAA)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,164,310 | 5,701,880 | 5,903,160 | 5,683,470 | 5,683,470 |
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,857,080 | 4,991,400 | 4,991,400 |
| Total asset turnover | 1.20 | 1.20 | 1.22 | 1.14 | 1.14 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,164,310K ÷ $4,300,870K
= 1.20
The total asset turnover of Under Armour Inc A has shown consistency in recent years, maintaining a ratio around 1.14 to 1.22 from December 31, 2021, to March 31, 2025. This indicates that the company generates revenue relative to its total assets at a moderate level, suggesting efficient utilization of assets to generate sales. The slight fluctuations in the ratio might be attributed to changes in the company's operations, marketing strategies, or industry dynamics. Overall, the relatively stable total asset turnover ratio indicates a consistent performance in asset utilization over the period under consideration.
Peer comparison
Mar 31, 2025