Metallus, Inc (MTUS)

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	1,084,000	1,171,600	1,293,800	1,355,700	1,357,600	1,274,900	1,242,300	1,301,400	1,329,900	1,422,800	1,449,700	1,361,300	1,282,900	1,155,800	1,018,000	844,700	830,800	846,500	914,800	1,097,500
Property, plant and equipment	US$ in thousands	—	—	—	—	—	498,800	485,300	482,800	486,100	485,100	489,700	500,800	510,200	522,500	556,500	550,000	569,800	582,400	613,900	625,000
Fixed asset turnover		—	—	—	—	—	2.56	2.56	2.70	2.74	2.93	2.96	2.72	2.51	2.21	1.83	1.54	1.46	1.45	1.49	1.76

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,084,000K ÷ $—K
= —

The fixed asset turnover of Metallus, Inc has shown a positive trend over the period analyzed, starting at 1.76 on March 31, 2020, and steadily increasing to 2.56 on September 30, 2023. This indicates that the company is generating more revenue relative to its investment in fixed assets.

The peak in the fixed asset turnover was observed on June 30, 2022, at 2.96, suggesting that the company efficiently utilized its fixed assets to generate sales revenue during that period. However, there was a slight decrease in the ratio by the end of December 31, 2022, and a further decline to 2.56 by September 30, 2023.

It is important to note that as of December 31, 2023, there is no data available for fixed asset turnover, which may imply a lack of information or a change in the reporting structure. As the ratio is not available for the subsequent periods, it is challenging to provide a comprehensive analysis of Metallus, Inc's fixed asset turnover performance beyond September 30, 2023.

Overall, the increasing trend in fixed asset turnover indicates that Metallus, Inc effectively used its fixed assets to drive sales growth and generate revenue during the analyzed period.