HealthStream Inc (HSTM)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 291,646 | 279,063 | 266,826 | 256,712 | 244,826 |
| Property, plant and equipment | US$ in thousands | — | — | 38,242 | 43,118 | 22,218 |
| Fixed asset turnover | — | — | 6.98 | 5.95 | 11.02 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $291,646K ÷ $—K
= —
HealthStream Inc's fixed asset turnover ratio has shown fluctuations over the period under review. In December 2020, the company achieved a high fixed asset turnover of 11.02, indicating that the company generated significant revenue relative to its investment in fixed assets. However, this ratio decreased notably to 5.95 by December 2021, suggesting a decrease in efficiency in utilizing fixed assets to generate sales.
Subsequently, in December 2022, the fixed asset turnover ratio improved to 6.98, indicating a more efficient use of fixed assets to generate revenue compared to the previous year. However, the data is unavailable for December 2023 and December 2024, which limits the ability to assess changes in the company's fixed asset turnover during those periods.
Overall, tracking the fixed asset turnover ratio can provide insights into how effectively HealthStream Inc is utilizing its fixed assets to generate revenue. Monitoring this ratio over time can help in evaluating operational efficiency and identifying trends that may require further analysis and action.
Peer comparison
Dec 31, 2024