UNITIL Corporation (UTL)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 953,400 | 1,079,300 | 1,098,100 | 919,400 | 810,800 |
| Property, plant and equipment | US$ in thousands | — | — | 56,900 | 1,261,900 | 1,198,400 |
| Fixed asset turnover | — | — | 19.30 | 0.73 | 0.68 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $953,400K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for UNITIL Corporation, we observe a significant increase in the fixed asset turnover ratio from 2020 to 2022, jumping from 0.68 to 19.30. This substantial increase suggests that the company improved its efficiency in generating revenue from its fixed assets during this period.
However, a lack of data for 2023 and 2024 prevents us from conducting a thorough analysis for those years. It is essential for UNITIL Corporation to provide complete financial information to allow for a comprehensive evaluation of its fixed asset turnover ratio and overall operational efficiency.
Peer comparison
Dec 31, 2024