CF Industries Holdings Inc (CF)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,936,000 | 6,631,000 | 11,186,000 | 6,538,000 | 4,124,000 |
| Property, plant and equipment | US$ in thousands | — | — | 6,691,000 | 7,324,000 | 7,632,000 |
| Fixed asset turnover | — | — | 1.67 | 0.89 | 0.54 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,936,000K ÷ $—K
= —
Based on the data provided, CF Industries Holdings Inc's fixed asset turnover has shown a significant improvement over the years, consistently increasing from 0.54 in December 31, 2020, to 0.89 in December 31, 2021, and further to 1.67 in December 31, 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting improved efficiency in utilizing its fixed assets to generate sales.
However, the absence of data for December 31, 2023, and December 31, 2024, prevents a complete analysis of the trend in fixed asset turnover for those years. It would be beneficial to have more information to understand the company's ongoing performance in this aspect.
Overall, based on the available data, CF Industries Holdings Inc has demonstrated a positive trend in fixed asset turnover, showing improvements in utilizing its fixed assets effectively to generate revenue. This suggests potential operational efficiency and effective asset management practices within the company.
Peer comparison
Dec 31, 2024