Lionsgate Studios Common Shares(Lion) 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 LION 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 '2022', LION's fixed asset turnover was 17.41, illustrating how efficiently fixed assets are generating revenue. Industry average for Movies/Entertainment in '2022' stood at 2.30.
• In '2023', LION's fixed asset turnover was 20.79, illustrating how efficiently fixed assets are generating revenue. The increase since '2022' reflects strengthening financial performance. Industry average for Movies/Entertainment in '2023' stood at 1.50. Industry average declined by 0.80 from previous year.
Overall, LION's fixed asset turnover has steadily improved over the past 2 years.
Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets
Good Range: Ranges from 1 to 5 depending on asset intensity.