Alliant Energy Corp (LNT)
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 | 3,982,000 | 3,967,000 | 3,963,000 | 3,981,000 | 4,027,000 | 4,124,000 | 4,182,000 | 4,213,000 | 4,204,000 | 4,073,000 | 3,962,000 | 3,836,000 | 3,669,000 | 3,559,000 | 3,455,000 | 3,401,100 | 3,415,800 | 3,478,900 | 3,549,100 | 3,576,200 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 16,633,000 | 16,306,000 | 16,396,000 | 16,247,000 | 15,858,000 | 15,453,000 | 15,192,000 | 14,987,000 | 14,738,000 | 14,540,000 | 14,353,000 | 14,336,000 | 14,199,000 | 13,936,400 | 13,685,000 |
| Fixed asset turnover | — | — | — | — | — | 0.25 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.25 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.25 | 0.25 | 0.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,982,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that indicates how efficiently a company is utilizing its fixed assets to generate revenue. The ratio is calculated by dividing net sales by average fixed assets.
For Alliant Energy Corp, the fixed asset turnover has been relatively stable over the past few years, ranging from 0.24 to 0.26. This suggests that the company has been able to generate a consistent level of sales revenue relative to its investment in fixed assets.
A fixed asset turnover ratio below 1 may indicate that the company is not effectively utilizing its fixed assets to generate sales. In the case of Alliant Energy Corp, the ratio consistently above 0.20 indicates a reasonable level of efficiency in utilizing its fixed assets.
It is important to note that a decreasing trend in fixed asset turnover could signal potential issues with asset productivity or declining sales. However, without additional context or benchmarking against industry peers, it is difficult to assess the performance of Alliant Energy Corp solely based on the fixed asset turnover ratio.
Peer comparison
Dec 31, 2024