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Item 9 Labs (INLB) Asset Utilization Ratio (2016 - 2023)

Item 9 Labs' Asset Utilization Ratio history spans 11 years, with the latest figure at 0.17 for Q2 2023.

  • For Q2 2023, Asset Utilization Ratio fell 11.87% year-over-year to 0.17; the TTM value through Jun 2023 reached 0.17, down 11.87%, while the annual FY2022 figure was 0.19, 40.09% down from the prior year.
  • Asset Utilization Ratio reached 0.17 in Q2 2023 per INLB's latest filing, up from 0.17 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.41 in Q4 2020 to a low of 0.12 in Q2 2021.
  • Average Asset Utilization Ratio over 5 years is 0.23, with a median of 0.19 recorded in 2022.
  • Peak YoY movement for Asset Utilization Ratio: plummeted 56.48% in 2021, then surged 63.05% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.38 in 2019, then rose by 9.05% to 0.41 in 2020, then plummeted by 48.03% to 0.21 in 2021, then fell by 14.92% to 0.18 in 2022, then dropped by 4.6% to 0.17 in 2023.
  • Per Business Quant, the three most recent readings for INLB's Asset Utilization Ratio are 0.17 (Q2 2023), 0.17 (Q1 2023), and 0.18 (Q4 2022).