Sobr Safe(Sobr) Financials: Fixed Asset Turnover Compared To Industry Average, Plus Other Key Ratios

Report Profitability Growth Liquidity Solvency Valuation

fixed asset turnover inventory turnover payables turnover receivables turnover total asset turnover working capital turnover

Growth Trend (Last 5 Years)

Growth - fixed asset turnover

This chart shows the historical trend of fixed asset turnover for SOBR 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 '2023', SOBR's fixed asset turnover was 1.15, illustrating how efficiently fixed assets are generating revenue. Industry average for Newspapers/Magazines in '2023' stood at 4.57.
• In '2024', SOBR's fixed asset turnover was 0.93, illustrating how efficiently fixed assets are generating revenue. The decline from '2023' may indicate some operational or financial challenges. Industry average for Newspapers/Magazines in '2024' stood at 4.67. Industry average increased by 0.10 compared to previous year.
Overall, SOBR's fixed asset turnover has consistently declined during the past 2 years.

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

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