Solventum Corp. (SOLV)
Fixed asset turnover
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,208,500 | 8,236,000 | 8,146,000 | 8,101,000 | 8,115,500 | |||
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — |
March 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,208,500K ÷ $—K
= —
As the fixed asset turnover ratio for Solventum Corp. is not directly provided in the table, it indicates that the necessary information to calculate this ratio is not readily available within the financial statements provided. To compute the fixed asset turnover ratio, we would typically need the net sales or revenue figure and the average fixed assets figure over a certain period. Without this key data, a detailed analysis of Solventum Corp.'s fixed asset turnover is currently not feasible. Additional financial information or context would be required to calculate and interpret this ratio effectively.
Peer comparison
Mar 31, 2024