GE Vernova LLC (GEV)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 34,950,000 | 33,239,000 | 29,654,000 | 33,006,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — |
| Fixed asset turnover | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $34,950,000K ÷ $—K
= —
The data provided shows that the fixed asset turnover ratio for GE Vernova LLC is not available for the years 2021, 2022, 2023, and 2024. The fixed asset turnover ratio is a measure of how efficiently the company is generating sales revenue from its investment in fixed assets.
The lack of data for this ratio suggests that we are unable to assess the company's ability to utilize its fixed assets effectively to generate revenue during the given periods. It is important to note that a higher fixed asset turnover ratio is generally considered better, as it indicates that the company is generating more revenue per dollar of investment in fixed assets.
Without the specific values for the fixed asset turnover ratio, it is challenging to evaluate the effectiveness of GE Vernova LLC in utilizing its fixed assets to generate sales. Additional information or data for these periods would be necessary to conduct a more thorough analysis of the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024