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% quarter-over-quarter from 3.87 in Q2 2023.
Golden Growers Cooperative (GGROU) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
Golden Growers Cooperative (GGROU) has 13 years of Asset Utilization Ratio data on file, last reported at 3.63 in Q3 2023.
- Asset Utilization Ratio for Q3 2023 came in at 3.63, down 3.15% year-over-year; the trailing twelve-month figure through Sep 2023 was 3.63 (down 3.15% YoY), and the FY2025 annual result was 2.76, changed N/A from the prior year.
- Asset Utilization Ratio declined to 3.63 in Q3 2023 per GGROU's latest filing, from 3.87 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 3.98 in Q1 2023 and troughed at 1.79 in Q1 2021.
- A 5-year average of 2.77 and a median of 2.08 in 2019 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio fell 11.81% in 2021, then soared 91.46% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 2.03 in 2019, then fell by 5.03% to 1.93 in 2020, then soared by 67.42% to 3.23 in 2021, then advanced by 18.94% to 3.84 in 2022, then decreased by 5.54% to 3.63 in 2023.
- Business Quant data shows GGROU's Asset Utilization Ratio at 3.63 in Q3 2023, 3.87 in Q2 2023, and 3.98 in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 36.33 Bn | 35.72 Bn | 1.22 Bn | 1.49 |
| 2 | Bunge Global | 21.79 Bn | 22.33 Bn | 766.00 Mn | 1.75 |
| 3 | Tyson Foods | 3.86 Bn | 3.46 Bn | 962.00 Mn | 1.57 |
| 4 | Cal-Maine Foods | 3.68 Bn | 3.29 Bn | 119.28 Mn | 1.10 |
| 5 | Adecoagro | 2.04 Bn | 1.74 Bn | 97.80 Mn | 0.29 |
| 6 | Dole | 1.33 Bn | 1.17 Bn | 184.99 Mn | 2.13 |
| 7 | Fresh Del Monte Produce | 1.30 Bn | 1.25 Bn | 89.00 Mn | 1.32 |
| 8 | Vital Farms | 463.27 Mn | 426.30 Mn | 53.01 Mn | 1.55 |
| 9 | Alico | 310.30 Mn | 262.17 Mn | -4.59 Mn | 0.08 |
| 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 |