ViaSat Inc (VSAT)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,519,570 | 4,283,760 | 2,556,160 | 2,787,640 | 2,256,110 |
| Total assets | US$ in thousands | 15,448,800 | 16,329,400 | 7,730,340 | 6,389,350 | 5,349,470 |
| Total asset turnover | 0.29 | 0.26 | 0.33 | 0.44 | 0.42 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,519,570K ÷ $15,448,800K
= 0.29
The total asset turnover ratio for ViaSat Inc has shown fluctuations over the past five years. The ratio decreased from 0.42 in March 31, 2021, to 0.33 in March 31, 2023, indicating a decrease in the company's ability to generate sales from its assets during this period. However, the ratio improved slightly to 0.44 in March 31, 2022, before declining to 0.26 in March 31, 2024. A modest recovery was seen in the latest year, with the ratio increasing to 0.29 in March 31, 2025.
The declining trend in total asset turnover suggests that ViaSat Inc may be experiencing challenges in efficiently utilizing its assets to drive sales. Further analysis of the company's operational efficiency and asset management strategies would be beneficial to identify potential areas for improvement and optimization.
Peer comparison
Mar 31, 2025