ViaSat Inc (VSAT)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,519,570 | 4,283,760 | 2,556,160 | 2,787,640 | 2,256,110 |
| Property, plant and equipment | US$ in thousands | — | — | 4,378,280 | 4,098,090 | 3,050,480 |
| Fixed asset turnover | — | — | 0.58 | 0.68 | 0.74 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,519,570K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate revenue from its investment in fixed assets. In the case of ViaSat Inc, the trend in fixed asset turnover is declining over the past few years. The ratio decreased from 0.74 on March 31, 2021, to 0.68 on March 31, 2022, and further dropped to 0.58 on March 31, 2023.
However, it should be noted that for the years 2024 and 2025, the fixed asset turnover ratio data is unavailable (indicated by dashes). This lack of information makes it difficult to assess the company's performance in utilizing its fixed assets efficiently during those years.
Overall, the decreasing trend in fixed asset turnover suggests that ViaSat Inc may not be effectively generating revenue from its fixed assets. It could imply underutilization of assets or inefficient operations that require further investigation to understand the underlying reasons for the decline.
Peer comparison
Mar 31, 2025