Zura Bio Ordinary Shares(Zura) 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 ZURA 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 '2024', ZURA's fixed asset turnover was 0.00, illustrating how efficiently fixed assets are generating revenue. Industry average for Biotechnology: Biological Products (No Diagnostic Substances) in '2024' stood at 1.05.
Overall, ZURA's fixed asset turnover has remained generally stable over the past 1 years.
Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets
Good Range: Ranges from 1 to 5 depending on asset intensity.