Electromedical Technologies, Inc (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.
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Analysis
Electromedical Technologies, Inc (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 Set
Peer Comparison
Historic Data
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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 |
| 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 |
API Access
Electromedical Technologies, Inc 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_KEYimport 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();