Highway Holdings Limited Asset Turnover Ratio (HIHO), as of fourth quarter 2024, current and historic results, rankings and more - CSIMarket
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Highway Holdings Limited  (NASDAQ: HIHO)
 

Highway Holdings Limited Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the fourth quarter 2024, Highway Holdings Limited's asset turnover ratio sequentially decreased to 0.32 in the fourth quarter (Mar 31 2024), this is lower than usual.

Within sector 39 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 2024 compared to the preceding quarter from 1528 to 3268.

Asset Turnover Ratio Definition



HIHO Asset Turnover Ratio (Mar 31 2024)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Mar 31 2023)
IV. Quarter
Y / Y Asset Change 161.68 % -4.73 % -12.65 % 10.56 % -12.65 %
Y / Y Revenue Change -38.28 % - - - -17.17 %
Asset Turnover Ratio (TTM) 0.32 - - - 0.65
HIHO's Total Ranking # 3268 # 1528 # 2603 # 0 # 1547
Seq. Asset Change 25.82 % 107.98 % -56.16 % 128.09 % -54.19 %
Seq. Revenue Change - - - - -



Asset Turnover Ratio Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 40
Basic Materials Sector # 220
Overall Market # 3268

Asset Turnover Ratio Statistics
High Average Low
12.32 8.61 4.05
(Mar 31 2022)   (Mar 31 2024)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2024, within Basic Materials Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Assets at quarter ending Mar 31 2024
Nano Magic Inc   0.67 $ 2.247  Millions$ 3.349  Millions
Parker hannifin Corporation  0.67 $ 19,838.734  Millions$ 29,774.998  Millions
Howmet Aerospace Inc   0.67 $ 6,861.000  Millions$ 10,309.250  Millions
Arcosa Inc   0.66 $ 2,357.300  Millions$ 3,557.800  Millions
Idaho Strategic Resources Inc  0.66 $ 16.214  Millions$ 24.568  Millions
United States Lime and Minerals Inc  0.66 $ 284.585  Millions$ 432.756  Millions
Proto Labs Inc   0.65 $ 504.601  Millions$ 775.903  Millions
Crane Nxt Co   0.65 $ 1,375.900  Millions$ 2,129.300  Millions
Minerals Technologies Inc   0.64 $ 2,157.300  Millions$ 3,359.650  Millions
Newell Brands Inc  0.64 $ 7,981.000  Millions$ 12,463.750  Millions
Latham Group Inc   0.64 $ 539.163  Millions$ 845.060  Millions
Hexcel Corporation  0.63 $ 1,802.800  Millions$ 2,876.975  Millions
Eastman Chemical Co  0.62 $ 9,108.000  Millions$ 14,686.500  Millions
The Azek Company Inc   0.62 $ 1,435.217  Millions$ 2,316.103  Millions
Ingevity Corporation  0.61 $ 1,639.000  Millions$ 2,696.325  Millions
Solaris Energy Infrastructure Inc   0.59 $ 278.115  Millions$ 472.551  Millions
Balchem Corp  0.58 $ 929.030  Millions$ 1,602.157  Millions
Westlake Corporation  0.58 $ 12,167.000  Millions$ 21,093.000  Millions
Rogers Corp  0.58 $ 877.453  Millions$ 1,523.611  Millions
Southern Copper Corp  0.58 $ 9,701.700  Millions$ 16,854.775  Millions
Summit Materials Inc   0.54 $ 2,989.095  Millions$ 5,509.983  Millions
Tomi Environmental Solutions Inc   0.54 $ 6.886  Millions$ 12.713  Millions
Valvoline Inc   0.54 $ 1,527.200  Millions$ 2,836.925  Millions
Vulcan Materials Company  0.53 $ 7,677.800  Millions$ 14,352.675  Millions
Safe And Green Holdings Corp  0.53 $ 12.037  Millions$ 22.591  Millions
Mdu Resources Group Inc   0.53 $ 4,133.828  Millions$ 7,806.757  Millions
Avient Corporation  0.53 $ 3,125.000  Millions$ 5,921.525  Millions
Helios Technologies Inc   0.52 $ 832.900  Millions$ 1,593.825  Millions
PATRIOT GOLD CORP  0.51 $ 1.799  Millions$ 3.500  Millions
Innovex International Inc   0.51 $ 443.492  Millions$ 870.890  Millions



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