HCA Holdings Inc (HCA)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 70,603,000 | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 |
| Property, plant and equipment | US$ in thousands | — | — | 27,640,000 | 26,176,000 | 23,199,000 |
| Fixed asset turnover | — | — | 2.18 | 2.24 | 2.22 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $70,603,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is able to generate revenue from its investment in fixed assets. For HCA Holdings Inc, the trend in fixed asset turnover over the years has been relatively stable, with values of 2.22 in December 31, 2020, 2.24 in December 31, 2021, and 2.18 in December 31, 2022. This indicates that the company is generating around $2.20 to $2.24 in revenue for every dollar invested in fixed assets during those periods.
It is worth noting that for December 31, 2023 and December 31, 2024, the fixed asset turnover data is not available ("—"). This could be due to various reasons such as the unavailability of financial information for those periods or a change in reporting practices.
Generally, a higher fixed asset turnover ratio indicates better efficiency in utilizing fixed assets to generate revenue. However, it is essential to analyze this ratio in conjunction with other financial metrics and industry benchmarks to get a comprehensive understanding of HCA Holdings Inc's operational performance and asset utilization efficiency over time.
Peer comparison
Dec 31, 2024