Accredited Solutions, Inc. (ASII) Asset Utilization Ratio (2019 - 2024)
Accredited Solutions (ASII) has 8 years of Asset Utilization Ratio data on record, last reported at 2.9 in Q3 2024.
- For Q3 2024, Asset Utilization Ratio rose 130.51% year-over-year to 2.9; the TTM value through Sep 2024 reached 2.9, up 130.51%, while the annual FY2023 figure was 1.32, 14.3% up from the prior year.
- Asset Utilization Ratio reached 2.9 in Q3 2024 per ASII's latest filing, down from 3.21 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 3.29 in Q1 2024 and bottomed at 0.71 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.86, with a median of 0.42 recorded in 2021.
- Peak YoY movement for Asset Utilization Ratio: crashed 268.86% in 2022, then skyrocketed 498.97% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.16 in 2020, then skyrocketed by 159.62% to 0.42 in 2021, then soared by 52.74% to 0.64 in 2022, then soared by 157.86% to 1.66 in 2023, then soared by 74.86% to 2.9 in 2024.
- Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 2.9 in Q3 2024, 3.21 in Q2 2024, and 3.29 in Q1 2024.