Molson Coors Brewing Co Class B (TAP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,627,000 | 11,702,100 | 10,701,000 | 10,279,700 | 9,654,000 |
| Property, plant and equipment | US$ in thousands | — | — | 4,355,500 | 4,192,400 | 4,250,300 |
| Fixed asset turnover | — | — | 2.46 | 2.45 | 2.27 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $11,627,000K ÷ $—K
= —
The fixed asset turnover ratio reflects Molson Coors Brewing Co Class B's efficiency in generating sales revenue from its investment in fixed assets. The trend of the fixed asset turnover ratio over the past few years shows a generally positive trajectory.
From December 31, 2020, to December 31, 2021, the fixed asset turnover ratio increased from 2.27 to 2.45, indicating that the company was able to generate more sales from its fixed assets during this period. Subsequently, from December 31, 2021, to December 31, 2022, there was a further slight increase in the ratio to 2.46, reflecting continued improvement in efficiency.
However, the data shows that information for December 31, 2023, and December 31, 2024 is not available ("-"), possibly due to unavailability of financial information at the time of analysis. It would be important to monitor future financial statements to assess whether the trend of increasing fixed asset turnover continues and to understand any potential factors impacting this metric in the coming years.
Peer comparison
Dec 31, 2024