Warrior Met Coal Inc (HCC)
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 | 1,532,254 | 1,639,102 | 1,722,717 | 1,705,199 | 1,703,690 | 1,643,400 | 1,621,481 | 1,866,718 | 1,722,254 | 1,783,131 | 1,595,163 | 1,197,238 | 1,045,656 | 853,009 | 831,310 | 768,151 | 783,157 | 775,805 | 888,048 | 1,139,650 |
| Property, plant and equipment | US$ in thousands | 1,492,770 | 1,380,010 | 1,286,570 | 1,188,990 | 1,112,600 | 938,189 | 846,188 | 724,372 | 669,351 | 606,210 | 584,856 | 533,216 | 527,720 | 528,913 | 547,163 | 562,811 | 590,362 | 563,524 | 562,915 | 559,106 |
| Fixed asset turnover | 1.03 | 1.19 | 1.34 | 1.43 | 1.53 | 1.75 | 1.92 | 2.58 | 2.57 | 2.94 | 2.73 | 2.25 | 1.98 | 1.61 | 1.52 | 1.36 | 1.33 | 1.38 | 1.58 | 2.04 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,532,254K ÷ $1,492,770K
= 1.03
Warrior Met Coal Inc's fixed asset turnover has exhibited fluctuations over the periods analyzed. The ratio decreased from 2.04 on March 31, 2020, to a low of 1.03 on December 31, 2024, indicating a decrease in efficiency in generating sales from its fixed assets over this period. Despite the fluctuations, the company's fixed asset turnover generally remained above 1, suggesting that Warrior Met Coal Inc effectively utilized its fixed assets to generate revenue. The company showed improvement in the efficiency of utilizing its fixed assets from 2021 to 2022, with a steady increase in the ratio from 1.36 in March 2021 to 2.73 in June 30, 2022, before declining slightly to 1.43 by March 31, 2024. Overall, the trend in Warrior Met Coal Inc's fixed asset turnover reflects fluctuations but generally indicates a reasonable effectiveness in using its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024