Growth Metrics

Forte Biosciences (FBRX) Asset Utilization Ratio (2017 - 2020)

Historic Asset Utilization Ratio for Forte Biosciences (FBRX) over the last 4 years, with Q3 2020 value amounting to 0.03.

  • Forte Biosciences' Asset Utilization Ratio fell 644126.93% to 0.03 in Q3 2020 from the same period last year, while for Sep 2020 it was 0.03, marking a year-over-year decrease of 644126.93%. This contributed to the annual value of 0.0 for FY2019, which is 9964.82% down from last year.
  • Per Forte Biosciences' latest filing, its Asset Utilization Ratio stood at 0.03 for Q3 2020, which was down 644126.93% from 0.03 recorded in Q2 2020.
  • Over the past 5 years, Forte Biosciences' Asset Utilization Ratio peaked at 0.2 during Q3 2018, and registered a low of 0.06 during Q1 2017.
  • Moreover, its 4-year median value for Asset Utilization Ratio was 0.0 (2018), whereas its average is 0.04.
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first surged by 4370060.21% in 2019, then crashed by 644126.93% in 2020.
  • Over the past 4 years, Forte Biosciences' Asset Utilization Ratio (Quarter) stood at 0.01 in 2017, then surged by 3249.81% to 0.19 in 2018, then crashed by 99.51% to 0.0 in 2019, then crashed by 3287.53% to 0.03 in 2020.
  • Its Asset Utilization Ratio was 0.03 in Q3 2020, compared to 0.03 in Q2 2020 and 0.06 in Q1 2020.