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ECVT (Ecovyst) Asset Turnover : 0.10 (As of Dec. 2024)


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What is Ecovyst Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ecovyst's Revenue for the three months ended in Dec. 2024 was $182.0 Mil. Ecovyst's Total Assets for the quarter that ended in Dec. 2024 was $1,821.2 Mil. Therefore, Ecovyst's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Ecovyst's annualized ROE % for the quarter that ended in Dec. 2024 was -17.02%. It is also linked to ROA % through Du Pont Formula. Ecovyst's annualized ROA % for the quarter that ended in Dec. 2024 was -6.68%.


Ecovyst Asset Turnover Historical Data

The historical data trend for Ecovyst'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.

Ecovyst Asset Turnover Chart

Ecovyst Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.24 0.43 0.37 0.39

Ecovyst Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.10 0.09 0.10 0.10 0.10

Competitive Comparison of Ecovyst's Asset Turnover

For the Specialty Chemicals subindustry, Ecovyst'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.


Ecovyst's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecovyst's Asset Turnover distribution charts can be found below:

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


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Ecovyst Asset Turnover Calculation

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

Ecovyst's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=704.493/( (1837.751+1802.321)/ 2 )
=704.493/1820.036
=0.39

Ecovyst's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=181.961/( (1840.031+1802.321)/ 2 )
=181.961/1821.176
=0.10

* 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.


Ecovyst  (NYSE:ECVT) Asset Turnover Explanation

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

Ecovyst's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-121.676/714.915
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-121.676 / 727.844)*(727.844 / 1821.176)*(1821.176/ 714.915)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.72 %*0.3997*2.5474
=ROA %*Equity Multiplier
=-6.68 %*2.5474
=-17.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Ecovyst's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-121.676/1821.176
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-121.676 / 727.844)*(727.844 / 1821.176)
=Net Margin %*Asset Turnover
=-16.72 %*0.3997
=-6.68 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Ecovyst Asset Turnover Related Terms

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


Ecovyst Business Description

Traded in Other Exchanges
Address
300 Lindenwood Drive, Valleybrooke Corporate Center, Malvern, PA, USA, 19355-1740
Ecovyst Inc is an integrated and provider of materials, specialty catalysts and services. Its products contribute to lower emissions and cleaner air, higher fuel efficiency and cleaner fuels, and key enablers to advance transition to clean energy. The company has two reporting segments: (1) Ecoservices and (2) Advanced Materials & Catalysts. Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides on-purpose virgin sulfuric acid for water treatment, mining, and industrial applications. Maximum revenue is generated from Ecoservices segment.
Executives
Paul Whittleston officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Michael Feehan officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Joseph S. Koscinski officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Kurt Bitting officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Susan F Ward director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Ineos Ltd 10 percent owner 38 HANS CRESCENT, KNIGHTSBRIDGE, LONDON X0 SW1X 0LZ
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jonny Ginns director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Robert Coxon director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Vann George L. Jr. officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Thomas Schneberger officer: See Remarks C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Sichko William J. Jr. officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
David A. Bradley director 15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032