H2O America (HTO)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	748,439	670,363	620,698	573,686	564,526
Property, plant and equipment	US$ in thousands	—	—	—	—	—
Fixed asset turnover		—	—	—	—	—

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $748,439K ÷ $—K
= —

The data indicates that H2O America has not reported a fixed asset turnover ratio for the fiscal years ending December 31, 2020, through December 31, 2024. This absence of data suggests that either the company did not utilize fixed assets during these periods, did not have sufficient fixed asset investment, or chose not to disclose this ratio in its financial statements. Generally, the fixed asset turnover ratio measures how effectively a company utilizes its fixed assets to generate sales, with higher ratios indicating more efficient use of these assets. The lack of reported figures prevents any meaningful analysis or comparison of H2O America's asset utilization efficiency over these years.