Sun Pacific Holding Asset Turnover Growth & History (SNPW)

Sun Pacific Holding's asset turnover was 1.14 for fiscal 2022.

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Sun Pacific Holding annual asset turnover history

Sun Pacific Holding annual asset turnover

Fiscal yearPeriod endedAsset turnoverChangeGrowth
20222022-12-311.141.06+1321.66%
20212021-12-310.080.05+156.74%
20202020-12-310.03−0.03−49.77%
20192019-12-310.06−1.54−96.12%
20182018-12-311.61−0.76−32.13%
20172017-12-312.37−0.31−11.70%
2016 · Dec 312016-12-312.68
2016 · Sep 302016-09-300.49−0.08−14.49%
20152015-09-300.57

Sun Pacific Holding asset turnover trends

Over the last five fiscal years, Sun Pacific Holding's asset turnover decreased from 2.37 to 1.14, a change of −1.22. The latest reported quarter, Q3 2023, shows 0.34.

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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