Growth Metrics

Bantec (BANT) Asset Utilization Ratio (2017 - 2024)

Bantec (BANT) has disclosed Asset Utilization Ratio for 8 consecutive years, with 5.94 as the latest value for Q2 2024.

  • Quarterly Asset Utilization Ratio rose 2.12% to 5.94 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 5.94 through Jun 2024, up 2.12% year-over-year, with the annual reading at 3.76 for FY2023, 67.57% up from the prior year.
  • Asset Utilization Ratio hit 5.94 in Q2 2024 for Bantec, up from 4.52 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 7.93 in Q1 2023 to a low of 1.56 in Q4 2021.
  • Historically, Asset Utilization Ratio has averaged 4.7 across 5 years, with a median of 4.93 in 2022.
  • Biggest five-year swings in Asset Utilization Ratio: tumbled 75.79% in 2021 and later surged 372.6% in 2023.
  • Year by year, Asset Utilization Ratio stood at 6.42 in 2020, then crashed by 75.79% to 1.56 in 2021, then skyrocketed by 221.09% to 4.99 in 2022, then fell by 6.16% to 4.69 in 2023, then rose by 26.69% to 5.94 in 2024.
  • Business Quant data shows Asset Utilization Ratio for BANT at 5.94 in Q2 2024, 4.52 in Q1 2024, and 4.69 in Q4 2023.