Genie Energy (GNE) Asset Utilization Ratio (2016 - 2025)
Genie Energy (GNE) has 14 years of Asset Utilization Ratio data on record, last reported at 1.29 in Q3 2024.
- For Q3 2024, Asset Utilization Ratio fell 4.52% year-over-year to 1.29; the TTM value through Sep 2024 reached 1.29, down 4.52%, while the annual FY2023 figure was 1.41, 13.28% up from the prior year.
- Asset Utilization Ratio reached 1.29 in Q3 2024 per GNE's latest filing, down from 1.35 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 3.59 in Q4 2020 and bottomed at 1.15 in Q3 2022.
- Average Asset Utilization Ratio over 5 years is 1.88, with a median of 1.35 recorded in 2023.
- Peak YoY movement for Asset Utilization Ratio: soared 74.7% in 2020, then plummeted 63.8% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 3.59 in 2020, then plummeted by 57.49% to 1.53 in 2021, then fell by 23.16% to 1.17 in 2022, then grew by 13.0% to 1.33 in 2023, then dropped by 3.08% to 1.29 in 2024.
- Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 1.29 in Q3 2024, 1.35 in Q2 2024, and 1.35 in Q1 2024.