Equinix Inc Gross Profit to Fixed Assets Ratio 1 year YoY Change (%) is -17.64% for the quarter ending March 31, 2024, a -263.13% change year over year. The Gross Profit to Fixed Assets Ratio measures the gross profit generated per dollar of fixed assets (property, plant, and equipment). It indicates how efficiently a company utilizes its fixed assets to generate gross profit. A higher ratio suggests better gross profit generation from fixed assets, indicating improved operational efficiency and potentially higher profitability. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.