TREES Corp (Colorado) (CANN) Asset Utilization Ratio (2013 - 2024)
TREES Corp (Colorado) (CANN) posted Asset Utilization Ratio of 0.67 for Q3 2024, down 2.73% sequentially from 0.69 in Q2 2024, and up 7.35% YoY from 0.63 in Q4 2023.
TREES Corp (Colorado) (CANN) Asset Utilization Ratio (2013 - 2024) Analysis & Trends
TREES Corp (Colorado) has reported Asset Utilization Ratio for 12 years, with the latest figure at 0.67 in Q3 2024.
- Quarterly Asset Utilization Ratio rose 7.35% year-over-year to 0.67 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.67 (up 7.35% YoY) and the FY2023 annual result came in at 0.66, up 31.9% from the prior year.
- Asset Utilization Ratio eased to 0.67 in Q3 2024 per CANN's latest filing, from 0.69 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.47 in Q1 2020 and troughed at 0.25 in Q3 2021.
- A 5-year average of 0.57 and a median of 0.51 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2020 and 2021: Asset Utilization Ratio surged 828.55% in 2020, then plunged 75.22% in 2021.
- Over 5 years, Asset Utilization Ratio stood at 0.48 in 2020, then slumped by 45.06% to 0.26 in 2021, then surged by 70.87% to 0.45 in 2022, then jumped by 58.14% to 0.71 in 2023, then dropped by 6.1% to 0.67 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.67, 0.69, and 0.73 for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.67 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.45 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.36 |
| Mar 31, 2021 | 0.36 |
| Dec 31, 2020 | 0.48 |
| Sep 30, 2020 | 0.51 |
| Jun 30, 2020 | 0.77 |
| Mar 31, 2020 | 1.47 |
| Dec 31, 2019 | 0.90 |