American Integrity Insurance(Aii) Financials: Total Asset Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - total asset turnover
This chart shows the historical trend of total asset turnover for AII compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Total Asset Turnover
Definition: Total asset turnover measures how efficiently the company generates sales from its entire asset base. A high turnover means the company gets a lot of sales out of relatively fewer assets — very efficient. A low turnover may suggest underused assets or bloated balance sheets.
Interpretation:
• In '2023', AII's total asset turnover was 0.23, reflecting overall efficiency in utilizing assets. Industry average for Property-Casualty Insurers in '2023' stood at 0.27.
• In '2024', AII's total asset turnover was 0.20, reflecting overall efficiency in utilizing assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Property-Casualty Insurers in '2024' stood at 0.30. Industry average increased by 0.03 compared to previous year.
Overall, AII's total asset turnover has consistently declined during the past 2 years.
Formula: Total Asset Turnover = Net Sales / Total Assets
Good Range: Ranges from 0.5 to 2 depending on business type.