Growth Metrics

Acro Biomedical (ACBM) Asset Utilization Ratio (2017 - 2023)

Acro Biomedical (ACBM) has 7 years of Asset Utilization Ratio data on record, last reported at 1.29 in Q3 2023.

  • For Q3 2023, Asset Utilization Ratio fell 5.54% year-over-year to 1.29; the TTM value through Sep 2023 reached 1.29, down 5.54%, while the annual FY2022 figure was 0.91, 33.22% down from the prior year.
  • Asset Utilization Ratio reached 1.29 in Q3 2023 per ACBM's latest filing, up from 0.6 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 4.94 in Q1 2019 and bottomed at 1.16 in Q4 2019.
  • Average Asset Utilization Ratio over 5 years is 1.0, with a median of 0.9 recorded in 2021.
  • Peak YoY movement for Asset Utilization Ratio: tumbled 137.8% in 2020, then skyrocketed 1724.91% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 1.16 in 2019, then skyrocketed by 159.63% to 0.69 in 2020, then skyrocketed by 148.68% to 1.72 in 2021, then crashed by 42.54% to 0.99 in 2022, then surged by 30.38% to 1.29 in 2023.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 1.29 in Q3 2023, 0.6 in Q2 2023, and 0.54 in Q1 2023.