TREES Corp (Colorado) (CANN) Asset Utilization Ratio (2016 - 2024)
TREES Corp (Colorado)'s Asset Utilization Ratio history spans 12 years, with the latest figure at 0.67 for Q3 2024.
- For Q3 2024, Asset Utilization Ratio rose 7.35% year-over-year to 0.67; the TTM value through Sep 2024 reached 0.67, up 7.35%, while the annual FY2023 figure was 0.66, 31.9% up from the prior year.
- Asset Utilization Ratio for Q3 2024 was 0.67 at TREES Corp (Colorado), down from 0.69 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.47 in Q1 2020 and bottomed at 0.25 in Q3 2021.
- The 5-year median for Asset Utilization Ratio is 0.55 (2023), against an average of 0.59.
- The largest annual shift saw Asset Utilization Ratio skyrocketed 828.55% in 2020 before it crashed 68.96% in 2021.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.57 in 2020, then tumbled by 53.82% to 0.26 in 2021, then skyrocketed by 70.87% to 0.45 in 2022, then soared by 58.14% to 0.71 in 2023, then fell by 6.1% to 0.67 in 2024.
- Per Business Quant, the three most recent readings for CANN's Asset Utilization Ratio are 0.67 (Q3 2024), 0.69 (Q2 2024), and 0.73 (Q1 2024).