EchoStar Corporation (SATS)
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 | 15,825,510 | 27,568,370 | 24,090,464 | 20,590,823 | 17,015,580 | 1,805,636 | 1,889,949 | 1,936,156 | 1,998,093 | 1,996,881 | 2,004,154 | 2,004,672 | 1,985,720 | 1,976,349 | 1,945,191 | 1,904,823 | 1,887,907 | 1,897,640 | 1,896,400 | 1,974,058 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 2,312,430 | 2,323,570 | 2,389,140 | 2,399,070 | 2,464,490 | 2,527,120 | 2,487,480 | 2,514,820 | 2,563,580 | 2,552,520 | 2,518,620 | 2,372,590 | 2,399,710 | 2,428,540 |
| Fixed asset turnover | — | — | — | — | — | — | 0.82 | 0.83 | 0.84 | 0.83 | 0.81 | 0.79 | 0.80 | 0.79 | 0.76 | 0.75 | 0.75 | 0.80 | 0.79 | 0.81 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,825,510K ÷ $—K
= —
EchoStar Corporation's fixed asset turnover ratio fluctuated over the past few years, indicating varying efficiency in generating revenue from its fixed assets. The ratio was 0.81 as of March 31, 2020, and decreased slightly to 0.79 by June 30, 2020. Subsequently, it improved to 0.80 by September 30, 2020, but then dropped to 0.75 by December 31, 2020.
Throughout the following years, the fixed asset turnover ratio remained relatively stable, ranging between 0.75 and 0.84. This suggests that EchoStar may be effectively utilizing its fixed assets to generate sales, with some fluctuations in efficiency. An increasing trend from 2023 to 2024, where the ratio reached 0.82 to 0.84, indicates potential improvement in the company's ability to generate revenue from its fixed assets.
The absence of data for the latter part of 2023 and 2024 makes it challenging to provide a complete picture of EchoStar's fixed asset turnover in those periods. Overall, the trend shows some variability in the efficiency of EchoStar's fixed asset utilization, highlighting the importance of ongoing monitoring and assessment to optimize operational performance.
Peer comparison
Dec 31, 2024