Sotera Health Co (SHC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,100,440 | 1,049,290 | 1,003,690 | 931,478 | 818,158 |
| Property, plant and equipment | US$ in thousands | — | — | 796,753 | 690,743 | 651,863 |
| Fixed asset turnover | — | — | 1.26 | 1.35 | 1.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,100,440K ÷ $—K
= —
The fixed asset turnover ratio reflects how efficiently Sotera Health Co is utilizing its fixed assets to generate sales.
From the data provided:
- In December 31, 2020, the fixed asset turnover ratio was 1.26, indicating that the company generated $1.26 in sales for every dollar invested in fixed assets.
- By December 31, 2021, the ratio slightly improved to 1.35, suggesting that the company became more efficient in utilizing its fixed assets to drive sales.
- However, the ratio reverted back to 1.26 by December 31, 2022, indicating a decrease in efficiency in generating sales from fixed assets.
- The data for December 31, 2023, and December 31, 2024 are not available, which prevents us from identifying any trends or further assessing the company's performance in utilizing fixed assets efficiently.
Overall, Sotera Health Co's fixed asset turnover has shown some fluctuations over the years. It would be essential for the company to maintain or improve this ratio over time to ensure optimal utilization of fixed assets and to support sustainable growth.
Peer comparison
Dec 31, 2024