Kaiser Aluminum Corporation (KALU)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,024,000 | 3,087,000 | 3,427,900 | 2,622,000 | 1,172,700 |
| Property, plant and equipment | US$ in thousands | — | — | 1,013,200 | 1,001,400 | 627,200 |
| Fixed asset turnover | — | — | 3.38 | 2.62 | 1.87 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,024,000K ÷ $—K
= —
The fixed asset turnover ratio for Kaiser Aluminum Corporation has shown a positive trend over the past few years, increasing from 1.87 in December 31, 2020, to 2.62 in December 31, 2021, and further to 3.38 in December 31, 2022. This upward trend indicates that the company is generating more revenue from its fixed assets, which is a positive sign of efficiency in asset utilization.
The sudden absence of data for December 31, 2023, and December 31, 2024, may indicate a lack of available information or a strategic shift in the company's reporting structure. However, based on the trend observed in the previous years, it can be inferred that Kaiser Aluminum Corporation has been effectively leveraging its fixed assets to generate sales.
A higher fixed asset turnover ratio signifies that the company is efficiently utilizing its fixed assets to generate revenue. This can be attributed to effective management of production processes or increased demand for the company's products. It suggests that Kaiser Aluminum Corporation is effectively managing its fixed assets to drive business performance and maximize returns.
Peer comparison
Dec 31, 2024