Growth Metrics

Asure Software (ASUR) Asset Utilization Ratio (2016 - 2021)

Asure Software's Asset Utilization Ratio history spans 11 years, with the latest figure at 0.04 for Q3 2021.

  • For the quarter ending Q3 2021, Asset Utilization Ratio fell 78.61% year-over-year to 0.04, compared with a TTM value of 0.04 through Sep 2021, down 78.61%, and an annual FY2020 reading of 0.16, down 26.87% over the prior year.
  • Asset Utilization Ratio for Q3 2021 was 0.04 at Asure Software, down from 0.08 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.28 in Q4 2017, with the low at 0.04 in Q3 2021.
  • Average Asset Utilization Ratio over 5 years is 0.19, with a median of 0.2 recorded in 2018.
  • Year-over-year, Asset Utilization Ratio surged 71.34% in 2017 and then crashed 78.61% in 2021.
  • Tracing ASUR's Asset Utilization Ratio over 5 years: stood at 0.28 in 2017, then fell by 28.6% to 0.2 in 2018, then rose by 10.72% to 0.22 in 2019, then plummeted by 33.8% to 0.15 in 2020, then plummeted by 71.4% to 0.04 in 2021.
  • Per Business Quant, the three most recent readings for ASUR's Asset Utilization Ratio are 0.04 (Q3 2021), 0.08 (Q2 2021), and 0.1 (Q1 2021).