Core Natural Resources, Inc. (CNR)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,148,698 | 2,213,263 | 2,204,294 | 2,371,335 | 2,506,635 | 2,509,437 | 2,530,409 | 2,481,302 | 2,339,875 | 2,037,760 | 1,768,138 | 1,466,444 | 1,261,034 | 1,194,772 | 2,130,006 | 1,948,080 | 1,892,420 | 1,949,596 | 1,043,790 | 1,293,676 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 1,960,080 | 1,953,300 | 572,819 | 625,106 | 934,903 | 583,371 | 841,267 | 628,198 | 631,821 | 635,904 | 945,133 | 651,800 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 1.19 | 1.04 | 3.09 | 2.35 | 1.35 | 2.05 | 2.53 | 3.10 | 3.00 | 3.07 | 1.10 | 1.98 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,148,698K ÷ $—K
= —
Core Natural Resources, Inc.'s fixed asset turnover has shown fluctuations over the past few years based on the provided data. The fixed asset turnover ratio measures how efficiently the company is generating revenue from its fixed assets.
In March 2020, the fixed asset turnover ratio was 1.98, indicating that the company generated $1.98 in sales for every $1 of fixed assets. This ratio decreased to 1.10 by June 2020, signaling a decline in efficiency in utilizing its fixed assets.
However, starting from September 2020, the fixed asset turnover ratio began to improve significantly, reaching a peak of 3.10 in March 2021. This suggests that the company was able to generate a higher level of sales relative to its fixed assets during this period.
Subsequently, the ratio fluctuated between 2.05 and 3.09 until June 2022, indicating varying levels of efficiency in asset utilization. However, by September 2022, the ratio dropped to 1.04, which could signify a potential decline in revenue generation from fixed assets.
In December 2022, the ratio slightly increased to 1.19 but remained below the levels observed in the earlier periods. The data for the following years up to December 2024 is not available, so further analysis for those periods is not possible based on the provided information.
Overall, the trend in Core Natural Resources, Inc.'s fixed asset turnover ratio demonstrates varying degrees of efficiency in utilizing its fixed assets to generate revenue over the years covered in the data. It would be beneficial for stakeholders to monitor this ratio closely to assess the company's asset management effectiveness in the future.
Peer comparison
Dec 31, 2024