HCA Holdings Inc (HCA)
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 | 70,603,000 | 69,621,000 | 68,347,000 | 66,716,000 | 64,968,000 | 63,162,000 | 61,920,000 | 60,879,000 | 60,233,000 | 59,800,000 | 60,105,000 | 59,720,000 | 58,752,000 | 57,981,000 | 56,016,000 | 52,649,000 | 51,533,000 | 50,763,000 | 50,146,000 | 51,680,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 29,196,000 | 28,754,000 | 28,085,000 | 27,640,000 | 27,075,000 | 26,726,000 | 24,228,000 | 26,176,000 | 25,646,000 | 25,589,000 | 23,188,000 | 23,199,000 | 22,941,000 | 23,071,000 | 22,985,000 |
| Fixed asset turnover | — | — | — | — | — | 2.16 | 2.15 | 2.17 | 2.18 | 2.21 | 2.25 | 2.46 | 2.24 | 2.26 | 2.19 | 2.27 | 2.22 | 2.21 | 2.17 | 2.25 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $70,603,000K ÷ $—K
= —
The fixed asset turnover ratio provides insight into the efficiency of HCA Holdings Inc in generating revenue from its fixed assets. The trend in the fixed asset turnover ratio shows a fluctuating pattern over the analyzed period.
From March 31, 2020, to June 30, 2022, the fixed asset turnover ratio remained relatively stable, ranging between 2.17 and 2.46. This indicates that the company was effectively utilizing its fixed assets to generate revenue during this period.
However, from September 30, 2022, to June 30, 2023, there was a slight decline in the fixed asset turnover ratio, dropping from 2.26 to 2.15. This could suggest a potential decrease in the efficiency of the company in generating sales from its fixed assets during this period.
Furthermore, from September 30, 2023, to December 31, 2024, the fixed asset turnover ratio was not available, marked by "—". This lack of data makes it challenging to draw conclusions about the company's performance in utilizing its fixed assets during this period.
Overall, a consistent and healthy fixed asset turnover ratio is crucial for HCA Holdings Inc to ensure optimal utilization of its fixed assets to drive revenue generation and maintain stable operational efficiency.
Peer comparison
Dec 31, 2024