Ball Corporation (BALL)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 11,801,000 | 12,324,000 | 12,813,000 | 13,401,000 | 13,521,000 | 13,666,000 | 14,046,000 | 14,614,000 | 15,349,000 | 15,475,000 | 15,077,000 | 14,402,000 | 13,811,000 | 13,239,000 | 12,779,000 | 12,121,000 | 11,781,000 | 11,398,000 | 11,258,000 | 11,474,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 7,714,000 | 7,736,000 | — | 7,487,000 | 7,181,000 | 6,629,000 | 7,126,000 | 6,922,000 | 6,576,000 | 6,298,000 | 5,950,000 | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — | 1.77 | 1.82 | — | 2.05 | 2.15 | 2.27 | 2.02 | 2.00 | 2.01 | 2.03 | 2.04 | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $11,801,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is efficiently utilizing its fixed assets to generate sales.
Based on the data provided for Ball Corporation, the fixed asset turnover ratio has been relatively stable over the recent quarters. The ratio fluctuated between 1.77 and 2.27 during the period from March 31, 2021, to June 30, 2024. This indicates that Ball Corporation is effectively utilizing its fixed assets to generate sales revenue.
However, it is important to note that there were some quarters where data for fixed asset turnover was not available, indicating potential fluctuations in the company's operations or reporting practices during those periods.
Overall, the trend in fixed asset turnover for Ball Corporation shows a generally positive picture of efficient asset utilization, although further analysis and comparison to industry benchmarks would provide more insight into the company's performance.
Peer comparison
Dec 31, 2024