Digital Brands (DBGI) Asset Utilization Ratio (2021 - 2024)
Historic Asset Utilization Ratio for Digital Brands (DBGI) over the last 4 years, with Q3 2024 value amounting to 0.51.
- Digital Brands' Asset Utilization Ratio fell 410.72% to 0.51 in Q3 2024 from the same period last year, while for Sep 2024 it was 0.51, marking a year-over-year decrease of 410.72%. This contributed to the annual value of 0.51 for FY2023, which is 7159.27% up from last year.
- Digital Brands' Asset Utilization Ratio amounted to 0.51 in Q3 2024, which was down 410.72% from 0.52 recorded in Q2 2024.
- In the past 5 years, Digital Brands' Asset Utilization Ratio ranged from a high of 0.56 in Q4 2023 and a low of 0.12 during Q3 2021
- Moreover, its 4-year median value for Asset Utilization Ratio was 0.36 (2022), whereas its average is 0.36.
- Per our database at Business Quant, Digital Brands' Asset Utilization Ratio skyrocketed by 20722.38% in 2022 and then plummeted by 410.72% in 2024.
- Quarter analysis of 4 years shows Digital Brands' Asset Utilization Ratio stood at 0.2 in 2021, then surged by 64.78% to 0.32 in 2022, then skyrocketed by 74.22% to 0.56 in 2023, then fell by 10.37% to 0.51 in 2024.
- Its Asset Utilization Ratio was 0.51 in Q3 2024, compared to 0.52 in Q2 2024 and 0.56 in Q1 2024.