Golden Growers Cooperative (GGROU) Asset Utilization Ratio (2011 - 2023)
Golden Growers Cooperative (GGROU) reported Asset Utilization Ratio of 3.63 for Q3 2023, down 3.15% year-over-year from 3.74 in Q3 2022, and down 6.37% on a QoQ basis from 3.87 in Q2 2023.
Golden Growers Cooperative (GGROU) has 13 years of Asset Utilization Ratio data on file, last reported at 3.63 in Q3 2023.
- Quarterly Asset Utilization Ratio fell 3.15% year-over-year to 3.63 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 3.63 (down 3.15% YoY) and the FY2025 annual result came in at 2.76, changed N/A from the prior year.
- Asset Utilization Ratio fell to 3.63 in Q3 2023 per GGROU's latest filing, from 3.87 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 3.98 in Q1 2023 and bottomed at 1.79 in Q1 2021.
- The 5-year median for Asset Utilization Ratio is 2.08 (2019), against an average of 2.77.
- The widest annual swing landed in 2021, when Asset Utilization Ratio dropped 11.81%; it then jumped 91.46% in 2022.
- Tracing GGROU's Asset Utilization Ratio over 5 years: stood at 2.03 in 2019, then dropped by 5.03% to 1.93 in 2020, then jumped by 67.42% to 3.23 in 2021, then rose by 18.94% to 3.84 in 2022, then fell by 5.54% to 3.63 in 2023.
- Per Business Quant, the three latest GGROU Asset Utilization Ratio figures stand at 3.63 (Q3 2023), 3.87 (Q2 2023), and 3.98 (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | 1.49 |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | 1.75 |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | 1.57 |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | 1.10 |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | 1.32 |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | 2.13 |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | 1.55 |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | 0.08 |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | 0.55 |
| 10 | Golden Growers Cooperative | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 3.63 |
| Jun 30, 2023 | 3.87 |
| Mar 31, 2023 | 3.98 |
| Dec 31, 2022 | 3.84 |
| Sep 30, 2022 | 3.74 |
| Jun 30, 2022 | 3.62 |
| Mar 31, 2022 | 3.43 |
| Dec 31, 2021 | 3.23 |
| Mar 31, 2021 | 1.79 |
| Dec 31, 2020 | 1.93 |
| Sep 30, 2020 | 1.87 |
| Jun 30, 2020 | 1.95 |
| Mar 31, 2020 | 2.03 |
| Dec 31, 2019 | 2.03 |
| Sep 30, 2019 | 2.06 |
| Jun 30, 2019 | 2.08 |
| Mar 31, 2019 | 1.99 |
| Dec 31, 2018 | 1.92 |
| Sep 30, 2018 | 1.94 |
| Jun 30, 2018 | 1.94 |
| Mar 31, 2018 | 1.81 |
| Dec 31, 2017 | 1.90 |
| Sep 30, 2017 | 1.92 |
| Jun 30, 2017 | 2.12 |
| Mar 31, 2017 | 2.18 |
| Dec 31, 2016 | 2.10 |
| Sep 30, 2016 | 2.12 |
| Jun 30, 2016 | 2.05 |
| Mar 31, 2016 | 2.00 |
| Dec 31, 2015 | 1.90 |
| Sep 30, 2015 | 1.95 |
| Jun 30, 2015 | 1.95 |
| Mar 31, 2015 | 1.79 |
| Dec 31, 2014 | 1.74 |
| Sep 30, 2014 | 1.71 |
| Jun 30, 2014 | 1.91 |
| Mar 31, 2014 | 2.07 |
| Dec 31, 2013 | 2.11 |
| Sep 30, 2013 | 2.40 |
| Jun 30, 2013 | 2.39 |
| Mar 31, 2013 | 2.21 |
| Dec 31, 2012 | 2.12 |
| Sep 30, 2012 | 2.02 |
| Jun 30, 2012 | 1.98 |
| Mar 31, 2012 | 1.86 |
| Dec 31, 2011 | 1.66 |
| Sep 30, 2011 | 1.59 |