Assertio Holdings (ASRT) Asset Utilization Ratio (2020 - 2024)
Assertio Holdings (ASRT) has disclosed Asset Utilization Ratio for 5 consecutive years, with 0.34 as the latest value for Q3 2024.
- Quarterly Asset Utilization Ratio fell 22.14% to 0.34 in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 0.34 through Sep 2024, down 22.14% year-over-year, with the annual reading at 0.43 for FY2023, 2.91% up from the prior year.
- Asset Utilization Ratio hit 0.34 in Q3 2024 for Assertio Holdings, down from 0.36 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.46 in Q4 2023 to a low of 0.33 in Q4 2020.
- Historically, Asset Utilization Ratio has averaged 0.38 across 5 years, with a median of 0.39 in 2024.
- Biggest five-year swings in Asset Utilization Ratio: grew 22.26% in 2022 and later fell 22.14% in 2024.
- Year by year, Asset Utilization Ratio stood at 0.33 in 2020, then rose by 6.16% to 0.35 in 2021, then increased by 19.47% to 0.42 in 2022, then increased by 7.68% to 0.46 in 2023, then fell by 26.37% to 0.34 in 2024.
- Business Quant data shows Asset Utilization Ratio for ASRT at 0.34 in Q3 2024, 0.36 in Q2 2024, and 0.39 in Q1 2024.