Asset Turnover ratio Analysis of Atlas Corp - Deep Dive
Asset Turnover of ATCO
Dec-2215.52Not Good Asset Turnover | Dec-2116.58Not Good Asset Turnover | Growth-6.40% |
Asset Turnover Analysis of Atlas Corp
Asset Turnover Ratio of Atlas Corp with value of 15.52 means shows the company does not utilize its assets efficiently to make profits. |
Asset Turnover Ratio of ATCO has fallen by -6.40 % Compared to previous Financial Year. |
Asset Turnover Ratio with value of 16.58 was highest in Year Dec-21 in last Five Years. |
Asset Turnover Ratio with value of 14.70 was lowest in Year Dec-19 in last Five Years. |
Latest Asset Turnover Ratio with value of 15.52 is lower than Average Asset Turnover of 15.95 in last five years. |
Other Asset Turnover Related Info of ATCO that may interest you.
Atlas Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ATCO | 15.48 | 15.48 | 0 % | Asset Management |
Defination of Asset Turnover
Asset turnover ratio is a profitability ratio that measures how efficiently a company utilizes its assets to generate revenue, and it is based on an annual basis. It is calculated by dividing total sales by average assets. more ..![Asset Turnover Formula Asset Turnover Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/AssetTurnoverRatio.jpg)
Asset Turnover Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Asset Turnover of Atlas Corp
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Asset Turnover | 15.52 | 16.58 | 16.52 | 14.70 | 16.42 | 14.41 | 14.92 |
Change | -6.40 % | 0.391 % | 12.37 % | -10.46 % | 13.91 % | -3.41 % | 9.35 % |
FY Chart of Asset Turnover of Atlas Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)