Azure Power Global Limited Asset Turnover Ratio (AZRE), as of fourth quarter 2023, current and historic results, rankings and more - CSIMarket
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Azure Power Global Limited  (NYSE: AZRE)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

Azure Power Global Limited Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Azure Power Global Limited asset turnover ratio, the ability of Azure Power Global Limited's assets to generate revenue in the fourth quarter 2023, increased sequentially to 0.13 in the fourth quarter (Mar 31 2023), yet the ratio remained below the average, as AZRE's position remain challenging.

Within sector 60 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2023 compared to the preceding quarter from 3417 to 3845.

Asset Turnover Ratio Definition



AZRE Asset Turnover Ratio (Mar 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Mar 31 2022)
IV. Quarter
Y / Y Asset Change -7.72 % -7.72 % -7.72 % 12.41 % 23.82 %
Y / Y Revenue Change 4.43 % - - - 16.03 %
Asset Turnover Ratio (TTM) 0.13 - - - 0.12
AZRE's Total Ranking # 3845 # 3417 # 0 # 3411 # 3461
Seq. Asset Change 0 % 0 % 152.15 % -63.4 % 0 %
Seq. Revenue Change - - - - -



Asset Turnover Ratio Company Ranking
Within: No.
Electric Utilities Industry # 61
Utilities Sector # 123
Overall Market # 3845

Asset Turnover Ratio Statistics
High Average Low
28.85 16.25 1.51
(Mar 31 2019)   (Mar 31 2023)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2023, within Utilities Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2023 Assets at quarter ending Mar 31 2023
Mge Energy Inc   0.29 $ 722.834  Millions$ 2,485.679  Millions
National Fuel Gas Company  0.29 $ 2,313.890  Millions$ 7,967.963  Millions
Western Midstream Partners Lp  0.29 $ 3,227.406  Millions$ 11,311.389  Millions
Black Hills Corporation  0.28 $ 2,649.405  Millions$ 9,383.806  Millions
Firstenergy Corp   0.28 $ 12,701.000  Millions$ 45,639.500  Millions
Puget Energy Inc  0.28 $ 4,568.912  Millions$ 16,493.163  Millions
Wisconsin Electric Power Company  0.28 $ 4,090.200  Millions$ 14,815.925  Millions
Portland General Electric Company  0.28 $ 2,769.000  Millions$ 10,060.500  Millions
Wisconsin Public Service Corporation  0.27 $ 1,797.800  Millions$ 6,585.000  Millions
American States Water Co  0.27 $ 544.381  Millions$ 2,006.742  Millions
Kinder Morgan Inc   0.27 $ 18,795.000  Millions$ 69,597.750  Millions
Spire Inc   0.27 $ 2,699.600  Millions$ 10,061.075  Millions
Oge Energy Corp   0.26 $ 3,343.600  Millions$ 12,694.250  Millions
Northwest Natural Holding Company  0.26 $ 1,149.475  Millions$ 4,435.413  Millions
Allete Inc   0.26 $ 1,752.100  Millions$ 6,811.775  Millions
Txnm Energy Inc   0.26 $ 2,349.514  Millions$ 9,137.627  Millions
Cms energy Corporation  0.26 $ 8,506.000  Millions$ 33,258.500  Millions
Tennessee Valley Authority  0.25 $ 13,047.000  Millions$ 51,547.000  Millions
Centerpoint Energy Inc   0.25 $ 9,337.000  Millions$ 37,308.250  Millions
Consolidated Edison Inc   0.24 $ 16,013.000  Millions$ 65,676.000  Millions
Eversource Energy  0.24 $ 12,613.669  Millions$ 52,212.933  Millions
Avista Corporation  0.24 $ 1,722.792  Millions$ 7,201.197  Millions
Williams companies inc   0.24 $ 11,522.000  Millions$ 48,399.000  Millions
Entergy Corporation  0.24 $ 13,867.371  Millions$ 58,650.335  Millions
Hawaiian Electric Industries inc   0.23 $ 3,791.297  Millions$ 16,248.660  Millions
Wec Energy Group Inc   0.23 $ 9,577.400  Millions$ 41,259.025  Millions
Public Service Enterprise Group Incorporated  0.23 $ 11,242.000  Millions$ 48,869.000  Millions
Nustar Energy L p   0.23 $ 1,140.210  Millions$ 4,981.260  Millions
Idacorp Inc   0.23 $ 1,729.352  Millions$ 7,599.548  Millions
Ppl Corporation  0.23 $ 8,535.000  Millions$ 37,644.750  Millions



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