Alpha Metallurgical Resources Inc (AMR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,957,280 | 3,471,420 | 4,101,590 | 2,258,590 | 1,416,190 |
| Property, plant and equipment | US$ in thousands | — | — | 893,707 | 444,302 | 832,541 |
| Fixed asset turnover | — | — | 4.59 | 5.08 | 1.70 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,957,280K ÷ $—K
= —
The fixed asset turnover ratio for Alpha Metallurgical Resources Inc has shown a significant improvement over the years. In December 2020, the ratio stood at 1.70, indicating that the company generated $1.70 in sales for every dollar invested in fixed assets.
By December 2021, the fixed asset turnover ratio increased to 5.08, suggesting that the company efficiently utilized its fixed assets to generate sales. This significant increase may be indicative of improved operational efficiency or asset utilization within the company.
In December 2022, the fixed asset turnover ratio remained high at 4.59, signaling continued efficient use of fixed assets to drive sales. The consistent high ratio over these years suggests that Alpha Metallurgical Resources Inc has been successful in maximizing the productivity of its fixed assets.
However, the absence of data for December 2023 and 2024 limits our ability to assess the trend and performance for those years. It would be beneficial to monitor and analyze future data to evaluate the company's ongoing efficiency in utilizing its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024