Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024)
Artisan Consumer Goods (ARRT) posted quarterly Asset Utilization Ratio of 0.09 for Q1 2024, down 84.68% year-over-year from 0.58 in Q2 2023, and up 341.71% quarter-over-quarter from 0.02 in Q4 2023.
Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Artisan Consumer Goods' Asset Utilization Ratio history runs 3 years deep, the most recent figure standing at 0.09 for Q1 2024.
- In Q1 2024, Asset Utilization Ratio fell 84.68% year-over-year to 0.09; the TTM figure through Mar 2024 stood at 0.09 (down 84.68% YoY), while the FY2023 annual figure was 0.44, changed N/A from the prior year.
- Asset Utilization Ratio for Q1 2024 stood at 0.09, up from 0.02 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.09 in Q2 2023, with the low at 0.02 in Q4 2023.
- The 3-year median for Asset Utilization Ratio is 0.41 (2022), against an average of 0.4.
- Peak annual rise in Asset Utilization Ratio reached 1386.88% in 2023, while the deepest fall reached 95.12% in 2023.
- Artisan Consumer Goods' Asset Utilization Ratio stood at 0.41 in 2022, then sank by 95.12% to 0.02 in 2023, then surged by 341.71% to 0.09 in 2024.
- Business Quant data shows ARRT's Asset Utilization Ratio at 0.09 in Q1 2024, 0.02 in Q4 2023, and 0.55 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.32 Bn | 27.64 Bn | 2.03 Bn | 0.32 |
| 2 | General Mills | 21.37 Bn | 20.91 Bn | 1.60 Bn | 0.59 |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 0.45 |
| 4 | Jbs | 14.79 Bn | 11.32 Bn | 4.91 Bn | 3.37 |
| 5 | J M Smucker | 13.18 Bn | 13.13 Bn | 862.10 Mn | 0.56 |
| 6 | Hormel Foods | 13.13 Bn | 12.27 Bn | 518.51 Mn | 0.92 |
| 7 | Magnum Ice Cream | 12.19 Bn | 11.47 Bn | - | - |
| 8 | Darling Ingredients | 10.41 Bn | 10.25 Bn | 503.37 Mn | 0.58 |
| 9 | Smithfield Foods | 8.73 Bn | 7.38 Bn | 478.00 Mn | 1.29 |
| 10 | Artisan Consumer Goods | 880,009.61 | 879,371.61 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 1.09 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.04 |