Advent Technologies Holdings Asset Turnover Growth & History (ADNH)

Advent Technologies Holdings's asset turnover was 0.15 for fiscal 2024.

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Advent Technologies Holdings annual asset turnover history

Advent Technologies Holdings annual asset turnover

Fiscal yearPeriod endedAsset turnoverChangeGrowth
20242024-12-310.150.13+520.35%
20232023-12-310.02−0.04−60.18%
20222022-12-310.06−0.02−27.62%
20212021-12-310.090.08+1006.71%
20202020-12-310.01

Advent Technologies Holdings asset turnover trends

Between the periods ended 2020-12-31 and 2024-12-31, Advent Technologies Holdings's asset turnover increased from 0.01 to 0.15, a change of 0.15. The latest reported quarter, Q3 2025, shows 0.01.

About the metric

What asset turnover means

Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.

Calculation and source

How asset turnover is calculated

TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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