Anyone have a sense of where the fleet utilisation rate is running at presently? My understanding is it is typically in 80-90% range. Given industry dynamic and business model this must be one of the key drivers to future NPAT expectations.
Does EHL's letout rates allow flexibility to reflect cost pressures or locked into fixed rate contracts with major customers (RIO et al?)
Not sure where HC posters form view on leverage being excessive, EHL appears reasonably geared given nature of fixed asset book.
Anyone have a sense of where the fleet utilisation rate is...
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83.0¢ |
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Mkt cap ! $430.2M | |||
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| EHL (ASX) Chart |