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', LDWY's fixed asset turnover was 65.89, illustrating how efficiently fixed assets are generating revenue. Industry average for Farming/Seeds/Milling in '2021' stood at 2.61.
• In '2022', LDWY's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. The decline from '2021' may indicate some operational or financial challenges. Industry average for Farming/Seeds/Milling in '2022' stood at 2.71. Industry average increased by 0.11 compared to previous year.
• In '2023', LDWY'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 Farming/Seeds/Milling in '2023' stood at 2.77. Industry average increased by 0.05 compared to previous year.
• In '2024', LDWY's fixed asset turnover was 1.70, illustrating how efficiently fixed assets are generating revenue. The increase since '2023' reflects strengthening financial performance. Industry average for Farming/Seeds/Milling in '2024' stood at 3.23. Industry average increased by 0.47 compared to previous year.
Overall, LDWY's fixed asset turnover has been volatile but showed a downward trend 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.