Name: Fixed Asset Turnover

Definition: Fixed asset turnover shows how well the company’s long-term physical assets — factories, equipment, property — are being used to generate sales. A high ratio means the company’s facilities are productive and efficient. A low ratio might signal underused assets or over-investment in equipment that isn’t driving enough sales.

Interpretation:
• In '2021', BENF's fixed asset turnover was 7.93, illustrating how efficiently fixed assets are generating revenue. Industry average for Finance: Consumer Services in '2021' stood at 3.93.
• In '2023', BENF's fixed asset turnover was -17.98, illustrating how efficiently fixed assets are generating revenue. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2023' stood at 3.19. Industry average declined by 0.74 from previous year.
• In '2024', BENF's fixed asset turnover was -29.65, illustrating how efficiently fixed assets are generating revenue. The decline from '2023' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2024' stood at 3.17. Industry average declined by 0.02 from previous year.
Overall, BENF's fixed asset turnover has been volatile but showed a downward trend over the past 3 years.

Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets

Good Range: Ranges from 1 to 5 depending on asset intensity.