Elme Communities (ELME) Asset Utilization Ratio (2016 - 2025)
Elme Communities' Asset Utilization Ratio history spans 15 years, with the latest figure at 0.13 for Q3 2024.
- For Q3 2024, Asset Utilization Ratio rose 7.6% year-over-year to 0.13; the TTM value through Sep 2024 reached 0.13, up 7.6%, while the annual FY2023 figure was 0.12, 8.16% up from the prior year.
- Asset Utilization Ratio for Q3 2024 was 0.13 at Elme Communities, up from 0.13 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.13 in Q3 2024 and bottomed at 0.07 in Q2 2021.
- The 5-year median for Asset Utilization Ratio is 0.1 (2022), against an average of 0.1.
- The largest annual shift saw Asset Utilization Ratio crashed 38.91% in 2020 before it skyrocketed 37.91% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.07 in 2020, then grew by 27.38% to 0.09 in 2021, then rose by 23.01% to 0.11 in 2022, then rose by 7.19% to 0.12 in 2023, then increased by 7.8% to 0.13 in 2024.
- Per Business Quant, the three most recent readings for ELME's Asset Utilization Ratio are 0.13 (Q3 2024), 0.13 (Q2 2024), and 0.12 (Q1 2024).