Lumen Technologies Inc (LUMN)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,108,000 | 14,557,000 | 17,478,000 | 19,687,000 | 20,712,000 |
| Property, plant and equipment | US$ in thousands | — | — | 19,166,000 | 20,895,000 | 26,338,000 |
| Fixed asset turnover | — | — | 0.91 | 0.94 | 0.79 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $13,108,000K ÷ $—K
= —
Lumen Technologies Inc's fixed asset turnover ratio has shown varying trends over the past few years. The ratio increased from 0.79 in December 2020 to 0.94 in December 2021, indicating that the company generated more revenue relative to its investment in fixed assets. However, in December 2022, the fixed asset turnover ratio slightly decreased to 0.91.
Notably, the data is missing for December 2023 and December 2024, making it challenging to assess the company's performance accurately in those years. Overall, the trend suggests that Lumen Technologies Inc may have been effectively utilizing its fixed assets to generate revenue, but further data would be needed to confirm this observation and assess the company's efficiency in the long term.
Peer comparison
Dec 31, 2024