Growth Metrics

Greater Cannabis Company, Inc. (GCAND) Asset Utilization Ratio (2018 - 2022)

Greater Cannabis Company (GCAND) has 4 years of Asset Utilization Ratio data on record, last reported at 0.17 in Q1 2021.

  • For Q1 2021, Asset Utilization Ratio rose 388.47% year-over-year to 0.17; the TTM value through Mar 2021 reached 0.17, up 388.47%, while the annual FY2021 figure was 0.04, 89.32% down from the prior year.
  • Asset Utilization Ratio reached 0.17 in Q1 2021 per GCAND's latest filing, down from 0.24 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.57 in Q4 2018 and bottomed at 0.02 in Q3 2019.
  • Average Asset Utilization Ratio over 4 years is 0.18, with a median of 0.17 recorded in 2021.
  • Peak YoY movement for Asset Utilization Ratio: tumbled 85.69% in 2019, then skyrocketed 1131.65% in 2020.
  • A 4-year view of Asset Utilization Ratio shows it stood at 0.57 in 2018, then crashed by 85.69% to 0.08 in 2019, then soared by 189.39% to 0.24 in 2020, then decreased by 26.91% to 0.17 in 2021.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 0.17 in Q1 2021, 0.24 in Q4 2020, and 0.21 in Q3 2020.