Atlas Energy Solutions Inc. (AESI)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,012,332 | 918,549 | 770,235 |
| Property, plant and equipment | US$ in thousands | 1,486,250 | 1,449,540 | 1,403,420 |
| Fixed asset turnover | 0.68 | 0.63 | 0.55 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,012,332K ÷ $1,486,250K
= 0.68
The fixed asset turnover ratio for Atlas Energy Solutions Inc. has shown a gradual increase over the three quarters reported in 2024. In June 2024, the ratio stood at 0.55, indicating that the company generated $0.55 in sales for every dollar invested in fixed assets. By September 2024, the ratio improved to 0.63, suggesting that the company was able to generate more revenue per dollar of fixed assets.
The trend continued positively as by the end of December 2024, the fixed asset turnover ratio further increased to 0.68. This indicates that the efficiency of utilizing fixed assets to generate sales has improved over the quarters in 2024. Overall, the increasing trend in the fixed asset turnover ratio reflects a more effective utilization of the company's fixed assets to generate revenue.
Peer comparison
Dec 31, 2024