Equinix Asset Turnover 2010-2024 | EQIX
Current and historical asset turnover for Equinix (EQIX) from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Equinix asset turnover for the three months ending September 30, 2024 was 0.06.
| Equinix Asset Turnover Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
REIT - Retail Equity Trusts |
$91.107B |
$8.188B |
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Equinix, Inc. is a global digital infrastructure company. Equinix combines a global footprint of International Business Exchange or IBX data centers, interconnection solutions and edge services for deploying network. It includes unique business, digital ecosystems, and expert consulting and support. The company has 3 reportable segments comprised of the Americas, Middle East and Africa and Asia-Pacific geographic regions. It has a direct sales force and a channel marketing program. Its business is based on a recurring revenue model comprising colocation, related interconnection and managed IT infrastructure services. These services are considered to be recurring, as customers are billed at fixed rates on a recurring basis through the life of the respective contracts. Non-recurring revenues comprise installation services related to initial deployment and professional services. Also, revenues from customer settlements (fees paid for terminating contracts before expiry) are treated as contract modifications.
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