evolsteevol

Average Age to be good or bad would depend on the context.

In this case, 'Low' average age is good, because it indicates latest equipments, in a 'rapidly changing technology' environment.

'High' Average Age could be good, in the context of ROA measure. High Age there would mean low net value of your assets to increase your ROA.

Also, High Average age would indicate that PPE is old and a big Capital Expenditure is due.