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Alliant Energy (Alliant Energy) Asset Turnover : 0.05 (As of Dec. 2023)


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What is Alliant Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alliant Energy's Revenue for the three months ended in Dec. 2023 was $961 Mil. Alliant Energy's Total Assets for the quarter that ended in Dec. 2023 was $21,071 Mil. Therefore, Alliant Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Alliant Energy's annualized ROE % for the quarter that ended in Dec. 2023 was 7.17%. It is also linked to ROA % through Du Pont Formula. Alliant Energy's annualized ROA % for the quarter that ended in Dec. 2023 was 2.30%.


Alliant Energy Asset Turnover Historical Data

The historical data trend for Alliant Energy's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliant Energy Asset Turnover Chart

Alliant Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.20 0.22 0.20

Alliant Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Alliant Energy's Asset Turnover

For the Utilities - Regulated Electric subindustry, Alliant Energy's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliant Energy's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alliant Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alliant Energy's Asset Turnover falls into.



Alliant Energy Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Alliant Energy's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=4027/( (20163+21237)/ 2 )
=4027/20700
=0.19

Alliant Energy's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=961/( (20904+21237)/ 2 )
=961/21070.5
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Alliant Energy  (NAS:LNT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Alliant Energy's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=484/6751.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(484 / 3844)*(3844 / 21070.5)*(21070.5/ 6751.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.59 %*0.1824*3.1209
=ROA %*Equity Multiplier
=2.30 %*3.1209
=7.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Alliant Energy's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=484/21070.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(484 / 3844)*(3844 / 21070.5)
=Net Margin %*Asset Turnover
=12.59 %*0.1824
=2.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Alliant Energy Asset Turnover Related Terms

Thank you for viewing the detailed overview of Alliant Energy's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Alliant Energy (Alliant Energy) Business Description

Traded in Other Exchanges
Address
4902 N. Biltmore Lane, Madison, WI, USA, 53718
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 985,000 electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Executives
Ignacio A Cortina director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Raja Sundararajan officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton officer: President and COO AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Stephanie Cox director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Nancy Joy Falotico director ONE AMERICAN ROAD, DEARBORN MI 48126
Michael Luhrs officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Michael Dennis Garcia director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
De Leon David A officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
James H Gallegos officer: Sr. V.P.-Gen. Cnsl.-Corp. Sec. 1 WATER STREET, CAMDEN NJ 08102-1658
Patricia L Kampling officer: VICE PRESIDENT PO BOX 2568, MADISON WI 53701
Jillian C. Evanko director 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Terry L Kouba officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Deborah B. Dunie director 1710 SAIC DRIVE, MCLEAN VA 22102
Roger K Newport director 703 CURTIS STREET, MIDDLETOWN OH 45043
Wayne A Reschke officer: Senior Vice President P O BOX 14720, MADISON WI 53708

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