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', SKE's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. Industry average for Precious Metals in '2021' stood at 0.41.
• In '2022', SKE'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 Precious Metals in '2022' stood at 0.35. Industry average declined by 0.06 from previous year.
• In '2023', SKE'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 Precious Metals in '2023' stood at 0.31. Industry average declined by 0.04 from previous year.
• In '2024', SKE'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 Precious Metals in '2024' stood at 0.33. Industry average increased by 0.02 compared to previous year.
Overall, SKE'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.