Linde plc Ordinary Shares (LIN)
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 | 33,005,000 | 37,456,000 | 37,255,000 | 37,192,000 | 37,285,000 | 32,451,000 | 33,093,000 | 33,346,000 | 33,364,000 | 33,763,000 | 32,634,000 | 31,761,000 | 30,793,000 | 29,767,000 | 28,954,000 | 27,747,000 | 27,243,000 | 27,051,000 | 27,196,000 | 28,023,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 23,624,000 | 23,808,000 | 23,796,000 | 23,548,000 | 22,586,000 | 23,993,000 | 25,595,000 | 26,003,000 | 26,180,000 | 26,917,000 | 26,934,000 | 28,711,000 | 27,945,000 | 27,693,000 | 27,418,000 |
| Fixed asset turnover | — | — | — | — | — | 1.37 | 1.39 | 1.40 | 1.42 | 1.49 | 1.36 | 1.24 | 1.18 | 1.14 | 1.08 | 1.03 | 0.95 | 0.97 | 0.98 | 1.02 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $33,005,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company utilizes its fixed assets to generate revenue. Looking at the data provided for Linde plc Ordinary Shares, we observe a fluctuating trend in the fixed asset turnover ratio over the past few years.
From March 2020 to December 2021, the fixed asset turnover ratio showed a steady increase from 1.02 to 1.18, indicating an improvement in the company's ability to generate sales from its fixed assets. This implies that Linde plc was effectively utilizing its fixed assets to generate revenue during this period.
However, from March 2022 onwards, we see a slight decline in the fixed asset turnover ratio, with fluctuations between 1.24 and 1.37. This may suggest a potential inefficiency in utilizing fixed assets to generate revenue or a change in the company's operating strategy.
The absence of data for the latter part of 2024 makes it challenging to provide a complete analysis of the trend. It will be crucial to monitor the fixed asset turnover ratio in the coming periods to assess if the fluctuations persist and to identify any underlying causes for the changes observed.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Net Fixed Asset Turnover (Quarterly Data)