Acro Biomedical Co., Ltd. (ACBM) Asset Utilization Ratio (2018 - 2023)
Acro Biomedical's Asset Utilization Ratio came in at 1.29 for Q3 2023, down 5.5% from 1.37 a year earlier but up 114.3% from the prior quarter.
Analysis
Acro Biomedical Co., Ltd. (ACBM) Asset Utilization Ratio (2018 - 2023) Analysis & Trends
For FY2022, Acro Biomedical's Asset Utilization Ratio was 0.91, down 33.2% from FY2021.
- Going back by year, Asset Utilization Ratio was 1.36 in FY2021, 0.19 in FY2019 and 7.89 in FY2018 (+326.2%).
- The five-year range for quarterly Asset Utilization Ratio is 0.54 (Q1 2023) to 6.43 (Q4 2018).
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 12.1% over the last seven quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2022 (growth of 130.6%), and the weakest in Q1 2023 (a decline of 71.4%).
- Business Quant data shows ACBM's Asset Utilization Ratio at 0.60 (Q2 2023), 0.54 (Q1 2023) and 0.99 (Q4 2022) in the three quarters before Q3 2023.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 1.37 |
| Jun 30, 2022 | 1.28 |
| Mar 31, 2022 | 1.87 |
| Dec 31, 2021 | 1.72 |
| Sep 30, 2021 | 0.90 |
| Jun 30, 2021 | 0.73 |
| Mar 31, 2021 | 0.81 |
| Sep 30, 2020 | 0.89 |
| Jun 30, 2020 | 0.87 |
| Mar 31, 2020 | 0.90 |
| Dec 31, 2019 | 1.55 |
| Jun 30, 2019 | 3.39 |
| Mar 31, 2019 | 4.94 |
| Dec 31, 2018 | 5.75 |
| Sep 30, 2018 | 6.43 |
API Access
Acro Biomedical Co., Ltd. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ACBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ACBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ACBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();