Gd Culture(Gdc) Financials: Fixed Asset Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - fixed asset turnover
This chart shows the historical trend of fixed asset turnover for GDC compared to its industry average over the recent years.
Ratio Definition and Interpretation
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', GDC's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. Industry average for Steel/Iron Ore in '2021' stood at 3.47.
• In '2022', GDC's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. The figure remained stable compared to '2021'. Industry average for Steel/Iron Ore in '2022' stood at 3.36. Industry average declined by 0.11 from previous year.
• In '2023', GDC's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. The figure remained stable compared to '2022'. Industry average for Steel/Iron Ore in '2023' stood at 3.05. Industry average declined by 0.31 from previous year.
• In '2024', GDC's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. The figure remained stable compared to '2023'. Industry average for Steel/Iron Ore in '2024' stood at 2.83. Industry average declined by 0.22 from previous year.
Overall, GDC's fixed asset turnover has remained generally stable over the past 4 years.
Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets
Good Range: Ranges from 1 to 5 depending on asset intensity.