Charter Communications Inc (CHTR)
Fixed asset turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 55,085,000 | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 |
Property, plant and equipment | US$ in thousands | 42,913,000 | 39,520,000 | 36,039,000 | 34,310,000 | 34,357,000 |
Fixed asset turnover | 1.28 | 1.38 | 1.50 | 1.51 | 1.40 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $55,085,000K ÷ $42,913,000K
= 1.28
Charter Communications Inc's fixed asset turnover has experienced some fluctuations over the years. The ratio indicates how efficiently the company is utilizing its fixed assets to generate revenue.
In 2020, the fixed asset turnover was 1.40, showing that for every dollar invested in fixed assets, the company generated $1.40 in revenue. This ratio improved in 2021 to 1.51, indicating a more efficient use of fixed assets.
However, in 2022 and 2023, the fixed asset turnover remained relatively stable at 1.50 and 1.38 respectively. This suggests that there was some inconsistency in generating revenue relative to the fixed assets employed during these years.
The ratio decreased in 2024 to 1.28, indicating a decrease in efficiency in utilizing fixed assets to generate revenue. Overall, Charter Communications Inc's fixed asset turnover shows some variability, and further analysis may be required to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024