Peabody Energy Corp (BTU)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,236,700 | 4,946,700 | 4,981,900 | 3,318,300 | 2,881,100 |
| Property, plant and equipment | US$ in thousands | — | — | 2,891,900 | 2,986,100 | 3,101,000 |
| Fixed asset turnover | — | — | 1.72 | 1.11 | 0.93 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,236,700K ÷ $—K
= —
Fixed asset turnover is a key financial ratio used to measure a company's efficiency in generating revenue from its investment in fixed assets. Looking at the data provided for Peabody Energy Corp, we observe an increasing trend in fixed asset turnover over the years.
In 2020, the fixed asset turnover was 0.93, indicating that the company generated $0.93 in revenue for every dollar invested in fixed assets. This suggests that the company was not effectively utilizing its fixed assets to generate sales.
However, in 2021, there was a noticeable improvement as the fixed asset turnover increased to 1.11. This indicates that the company was able to generate $1.11 in revenue for every dollar invested in fixed assets, showing an enhancement in asset utilization efficiency.
The trend continued to improve significantly in 2022, as the fixed asset turnover ratio increased to 1.72. This demonstrates a substantial enhancement in the company's ability to generate revenue from its fixed asset base.
Unfortunately, the data for 2023 and 2024 is not available, which makes it difficult to assess the trend beyond 2022. It would be essential for the company to provide complete and up-to-date financial information for a more accurate analysis and decision-making.
Overall, the improving trend in fixed asset turnover indicates that Peabody Energy Corp has been successful in enhancing its operational efficiency and generating more revenue from its fixed asset investments over the years analyzed. It suggests that the company is becoming more effective in utilizing its fixed assets to drive sales growth.
Peer comparison
Dec 31, 2024