CenterPoint Energy Inc (CNP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,643,000 | 8,696,000 | 9,321,000 | 8,352,000 | 7,418,000 |
| Property, plant and equipment | US$ in thousands | — | — | 27,143,000 | 23,484,000 | 22,362,000 |
| Fixed asset turnover | — | — | 0.34 | 0.36 | 0.33 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $8,643,000K ÷ $—K
= —
The fixed asset turnover ratio for CenterPoint Energy Inc has shown some fluctuations over the years. In 2020, the ratio stood at 0.33, indicating that the company generated $0.33 in revenue for every dollar of fixed assets. The ratio improved slightly to 0.36 in 2021, suggesting better utilization of fixed assets to generate revenue. However, there was a slight decline to 0.34 in 2022.
Notably, there is no data available for the fixed asset turnover ratio for 2023 and 2024, which may indicate missing or incomplete financial information for those periods. Furthermore, the ratios for 2023 and 2024 are represented as "—", highlighting the importance of obtaining complete and accurate financial data to perform a comprehensive analysis of the company's fixed asset utilization efficiency.
Peer comparison
Dec 31, 2024