Core Natural Resources, Inc. (CNR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,148,700 | 2,506,640 | 2,280,020 | 1,261,030 | 879,462 |
| Property, plant and equipment | US$ in thousands | — | — | — | 934,903 | 631,821 |
| Fixed asset turnover | — | — | — | 1.35 | 1.39 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,148,700K ÷ $—K
= —
Core Natural Resources, Inc.'s fixed asset turnover ratio has shown a slight decline from 1.39 in December 2020 to 1.35 in December 2021. This ratio indicates that the company generated $1.39 in sales for every dollar invested in fixed assets in 2020 and $1.35 in sales for every dollar invested in fixed assets in 2021. The absence of data for 2022, 2023, and 2024 makes it difficult to assess the trend accurately beyond 2021. A declining fixed asset turnover ratio may suggest inefficiencies in asset utilization or a decrease in sales relative to fixed assets. Further analysis of the company's operational efficiency and asset management practices may be needed to understand the reasons behind this trend.
Peer comparison
Dec 31, 2024