Assertio Holdings (ASRT) Asset Utilization Ratio: 2020-2023
Historic Asset Utilization Ratio for Assertio Holdings (ASRT) over the last 2 years, with Jun 2023 value amounting to 0.40.
- Assertio Holdings' Asset Utilization Ratio rose 0.27% to 0.40 in Q2 2023 from the same period last year, while for Jun 2023 it was 0.40, marking a year-over-year increase of 0.27%. This contributed to the annual value of 0.42 for FY2022, which is 19.71% up from last year.
- Assertio Holdings' Asset Utilization Ratio amounted to 0.40 in Q2 2023, which was down 6.62% from 0.42 recorded in Q4 2022.
- Over the past 5 years, Assertio Holdings' Asset Utilization Ratio peaked at 0.43 during Q3 2022, and registered a low of 0.33 during Q4 2020.
- Over the past 3 years, Assertio Holdings' median Asset Utilization Ratio value was 0.37 (recorded in 2021), while the average stood at 0.38.
- In the last 5 years, Assertio Holdings' Asset Utilization Ratio fell by 11.53% in 2021 and then climbed by 22.26% in 2022.
- Quarterly analysis of 4 years shows Assertio Holdings' Asset Utilization Ratio stood at 0.33 in 2020, then climbed by 6.16% to 0.35 in 2021, then increased by 19.47% to 0.42 in 2022, then increased by 0.27% to 0.40 in 2023.
- Its last three reported values are 0.40 in Q2 2023, 0.42 for Q4 2022, and 0.43 during Q3 2022.