C3is (CISS) Asset Utilization Ratio (2023 - 2026)
C3is (CISS) posted Asset Utilization Ratio of 0.45 for Q2 2026, down 99.47% on a QoQ basis from 84.47 in Q1 2026, and down 99.84% year-over-year from 282.48 in Q2 2025.
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C3is (CISS) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
C3is has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.45 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 99.84% year-over-year to 0.45 in Q2 2026; TTM through Jun 2026 was 0.45, a 99.84% decrease from a year earlier, with the FY2025 full-year figure at 0.35, down 19.07% from the prior year.
- Asset Utilization Ratio was 0.45 for Q2 2026 at C3is, down from 84.47 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 366.56 in Q1 2024, with the low at 0.45 in Q2 2026.
- Average Asset Utilization Ratio over 4 years is 231.87, with a median of 275.29 recorded in 2025.
- The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio soared 140.72% in 2024, then plunged 99.84% in 2026.
- Over 4 years, Asset Utilization Ratio stood at 308.53 in 2023, then advanced by 2.09% to 314.97 in 2024, then retreated by 10.31% to 282.48 in 2025, then slumped by 99.84% to 0.45 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.45 (Q2 2026), 84.47 (Q1 2026), and 282.48 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.47 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.74 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.28 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 0.61 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.32 |
| 10 | C3is | 481.50 | -33.25 Mn | -6.67 Bn | 0.45 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.45 |
| Mar 31, 2026 | 84.47 |
| Jun 30, 2025 | 282.48 |
| Mar 31, 2025 | 268.11 |
| Dec 31, 2024 | 314.97 |
| Sep 30, 2024 | 302.74 |
| Jun 30, 2024 | 291.93 |
| Mar 31, 2024 | 366.56 |
| Dec 31, 2023 | 308.53 |
| Sep 30, 2023 | 222.15 |
| Jun 30, 2023 | 121.28 |
| Mar 31, 2023 | 218.73 |