Electromedical Technologies (EMED) Asset Utilization Ratio (2020 - 2024)
Electromedical Technologies' (EMED) Asset Utilization Ratio was 1.49 for Q3 2024, down 0.8% from 1.51 a year earlier and down 14.8% from the prior quarter.
Electromedical Technologies (EMED) Asset Utilization Ratio (2020 - 2024) Analysis & Trends
For FY2023, Asset Utilization Ratio at Electromedical Technologies was 1.28, up 53.8% from FY2022.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.83 in FY2022 (+29.7%), 0.64 in FY2021 (+1.2%) and 0.64 in FY2020.
- The Q3 2024 figure ranks as the lowest quarterly Asset Utilization Ratio since Q2 2023.
- Year over year, Asset Utilization Ratio gained in five of the last six quarters, with growth averaging 61.4%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2023 (growth of 102.0%); the low point was Q3 2021 (a decline of 2.9%).
- Per Business Quant data, the three quarters before Q3 2024 came in at 1.75 (Q2 2024), 1.73 (Q1 2024) and 1.68 (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.49 |
| Jun 30, 2024 | 1.75 |
| Mar 31, 2024 | 1.73 |
| Dec 31, 2023 | 1.68 |
| Sep 30, 2023 | 1.51 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 0.89 |
| Dec 31, 2022 | 0.83 |
| Sep 30, 2022 | 0.80 |
| Jun 30, 2022 | 0.92 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.64 |
| Jun 30, 2021 | 0.48 |
| Mar 31, 2021 | 0.44 |
| Dec 31, 2020 | 0.56 |
| Sep 30, 2020 | 0.66 |
Electromedical Technologies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EMED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "EMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();