Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Halliburton Co., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Halliburton Co. net fixed asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Halliburton Co. total asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Halliburton Co. equity turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
Net Fixed Asset Turnover
Halliburton Co., net fixed asset turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,995) | 20,620) | 15,887) | 23,633) | 32,870) | |
| Property, plant, and equipment, net of accumulated depreciation | 8,961) | 8,521) | 8,532) | 10,911) | 12,475) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 2.68 | 2.42 | 1.86 | 2.17 | 2.63 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Schlumberger Ltd. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Net fixed asset turnover = Revenue ÷ Property, plant, and equipment, net of accumulated depreciation
= 23,995 ÷ 8,961 = 2.68
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Halliburton Co. net fixed asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
Total Asset Turnover
Halliburton Co., total asset turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,995) | 20,620) | 15,887) | 23,633) | 32,870) | |
| Total assets | 25,982) | 25,085) | 27,000) | 36,942) | 32,240) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.92 | 0.82 | 0.59 | 0.64 | 1.02 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Schlumberger Ltd. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Total asset turnover = Revenue ÷ Total assets
= 23,995 ÷ 25,982 = 0.92
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Halliburton Co. total asset turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |
Equity Turnover
Halliburton Co., equity turnover calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,995) | 20,620) | 15,887) | 23,633) | 32,870) | |
| Company shareholders’ equity | 9,522) | 8,322) | 9,409) | 15,462) | 16,267) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 2.52 | 2.48 | 1.69 | 1.53 | 2.02 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Schlumberger Ltd. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 2018 Calculation
Equity turnover = Revenue ÷ Company shareholders’ equity
= 23,995 ÷ 9,522 = 2.52
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Halliburton Co. equity turnover ratio improved from 2016 to 2017 and from 2017 to 2018. |