Accredited Solutions, Inc. (ASII) Asset Utilization Ratio (2019 - 2024)
Accredited Solutions' (ASII) Asset Utilization Ratio came in at 2.90 for Q3 2024, up 130.4% from 1.26 a year earlier but down 9.7% from the prior quarter.
Accredited Solutions, Inc. (ASII) Asset Utilization Ratio (2019 - 2024) Analysis & Trends
For FY2023, Accredited Solutions' Asset Utilization Ratio stood at 1.32, up 14.3% from FY2022.
- In prior years, Accredited Solutions' Asset Utilization Ratio was 1.15 in FY2022 and 0.36 in FY2020.
- Quarterly Asset Utilization Ratio has run from a low of 0.18 in Q2 2020 to a high of 3.29 in Q1 2024 over five years.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last six quarters, with growth averaging 168.8% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q2 2023, with growth of 517.1%; the weakest was Q2 2020, with a decline of 78.5%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 3.21 (Q2 2024), 3.29 (Q1 2024) and 1.66 (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.90 |
| Jun 30, 2024 | 3.21 |
| Mar 31, 2024 | 3.29 |
| Dec 31, 2023 | 1.66 |
| Sep 30, 2023 | 1.26 |
| Jun 30, 2023 | 1.19 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 1.65 |
| Dec 31, 2021 | 1.02 |
| Sep 30, 2021 | 0.42 |
| Jun 30, 2021 | 0.42 |
| Mar 31, 2021 | 0.24 |
| Dec 31, 2020 | 0.16 |
| Sep 30, 2020 | 0.15 |
| Jun 30, 2020 | 0.14 |
| Mar 31, 2020 | 0.20 |
| Dec 31, 2019 | 0.81 |
Accredited Solutions, Inc. 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=ASII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ASII", "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=ASII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();