Celanese Corporation (CE)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,280,000 | 10,940,000 | 9,673,000 | 8,537,000 | 5,655,000 |
| Property, plant and equipment | US$ in thousands | — | — | 5,584,000 | 4,429,000 | 3,939,000 |
| Fixed asset turnover | — | — | 1.73 | 1.93 | 1.44 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,280,000K ÷ $—K
= —
Celanese Corporation's fixed asset turnover has shown some fluctuations over the years. The ratio increased from 1.44 in 2020 to 1.93 in 2021, indicating a more efficient utilization of fixed assets to generate sales. However, there was a slight decrease in the ratio to 1.73 in 2022, suggesting a potential decrease in asset productivity during that period.
Unfortunately, there is no data available for 2023 and 2024, making it challenging to assess the trend accurately for those years. It is essential for the company to provide consistent data to enable a more robust analysis of its fixed asset turnover and identify opportunities for improvement in asset utilization efficiency.
Peer comparison
Dec 31, 2024