Acro Biomedical (ACBM) Asset Utilization Ratio (2018 - 2023)
Acro Biomedical's quarterly Asset Utilization Ratio came in at 1.29 in Q3 2023, down 5.54% year-on-year from 1.37 in Q3 2022, and up 114.28% quarter-over-quarter from 0.6 in Q2 2023.
Acro Biomedical has reported Asset Utilization Ratio for 6 years, with the latest figure at 1.29 in Q3 2023.
- For the quarter ending Q3 2023, Asset Utilization Ratio fell 5.54% year-over-year to 1.29; the trailing twelve-month figure through Sep 2023 stood at 1.29 (down 5.54% YoY), and the FY2022 full-year result was 0.91, down 33.22% from the prior year.
- Asset Utilization Ratio for Q3 2023 stood at 1.29, up from 0.6 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 4.94 in Q1 2019, with the low at 0.54 in Q1 2023.
- Average Asset Utilization Ratio over 5 years is 1.45, with a median of 0.99 recorded in 2022.
- Year-over-year, Asset Utilization Ratio plunged 81.73% in 2020 and soared 130.59% in 2022.
- Tracing ACBM's Asset Utilization Ratio over 5 years: stood at 1.55 in 2019, then sank by 42.63% to 0.89 in 2020, then soared by 94.11% to 1.72 in 2021, then slumped by 42.54% to 0.99 in 2022, then soared by 30.38% to 1.29 in 2023.
- The last three Asset Utilization Ratio figures came in at 1.29 (Q3 2023), 0.6 (Q2 2023), and 0.54 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | EQV Ventures Acquisition | 477.69 Mn | 477.69 Mn | - | - |
| 2 | Berto Acquisition | 316.66 Mn | 316.66 Mn | - | - |
| 3 | Centurion Acquisition | 311.94 Mn | 311.94 Mn | - | - |
| 4 | Churchill Capital Corp IX | 311.36 Mn | 311.36 Mn | - | - |
| 5 | Agriculture & Natural Solutions Acquisition | 301.94 Mn | 301.94 Mn | - | 0.04 |
| 6 | Siddhi Acquisition Corp (Cayman Islands) | 286.76 Mn | 286.76 Mn | - | - |
| 7 | Bold Eagle Acquisition | 276.06 Mn | 276.06 Mn | - | - |
| 8 | Cartesian Growth Corp III | 270.68 Mn | 270.68 Mn | - | - |
| 9 | Oyster Enterprises II Acquisition | 266.84 Mn | 266.84 Mn | - | - |
| 10 | Acro Biomedical | - | - | - | - |
Historic Data
Download 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 |