Mativ Holdings Inc. (MATV)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,981,100 | 2,026,000 | 2,167,400 | 1,440,000 | 1,074,400 |
| Property, plant and equipment | US$ in thousands | — | — | 874,900 | 463,900 | 339,000 |
| Fixed asset turnover | — | — | 2.48 | 3.10 | 3.17 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,981,100K ÷ $—K
= —
The fixed asset turnover ratio, indicating how efficiently a company utilizes its fixed assets to generate revenue, for Mativ Holdings Inc. decreased from 3.17 in December 2020 to 3.10 in December 2021 and further declined to 2.48 in December 2022. This suggests a decrease in the company's ability to generate sales from its fixed assets during these years. However, the data for December 31, 2023 and December 31, 2024 is missing, making it challenging to assess the trend beyond 2022. The declining trend in the fixed asset turnover ratio may potentially raise concerns about the company's asset management efficiency and could be an area of focus for further analysis to determine the underlying causes and potential impacts on the company's financial performance.
Peer comparison
Dec 31, 2024