Northwest Natural Gas Co (NWN)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 1,152,990 1,197,480 1,037,350 860,400 773,679
Property, plant and equipment US$ in thousands — — 3,114,400 2,871,370 2,654,770
Fixed asset turnover — — 0.33 0.30 0.29

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,152,990K ÷ $—K
= —

Northwest Natural Gas Co's fixed asset turnover has shown a slight increasing trend over the years, from 0.29 in December 31, 2020 to 0.33 in December 31, 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets. However, it is noted that the data is missing for December 31, 2023 and December 31, 2024, which limits the ability to fully assess the trend over the entire period. Further analysis would be beneficial to understand the company's efficiency in utilizing its fixed assets to generate sales.