Growth Metrics

Largo (LGO) Asset Utilization Ratio: 2021-2024

Historic Asset Utilization Ratio for Largo (LGO) over the last 4 years, with Dec 2024 value amounting to 0.36.

  • Largo's Asset Utilization Ratio fell 42.73% to 0.06 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.06, marking a year-over-year decrease of 42.73%. This contributed to the annual value of 0.36 for FY2024, which is 33.80% down from last year.
  • Latest data reveals that Largo reported Asset Utilization Ratio of 0.36 as of FY2024, which was down 33.80% from 0.54 recorded in FY2023.
  • In the past 5 years, Largo's Asset Utilization Ratio registered a high of 0.68 during FY2022, and its lowest value of 0.36 during FY2024.
  • For the 3-year period, Largo's Asset Utilization Ratio averaged around 0.53, with its median value being 0.54 (2023).
  • As far as peak fluctuations go, Largo's Asset Utilization Ratio rose by 5.62% in 2022, and later plummeted by 33.80% in 2024.
  • MRY analysis of 4 years shows Largo's Asset Utilization Ratio stood at 0.65 in 2021, then increased by 5.62% to 0.68 in 2022, then dropped by 21.29% to 0.54 in 2023, then crashed by 33.80% to 0.36 in 2024.
  • Its last three reported values are 0.36 in FY2024, 0.54 for FY2023, and 0.68 during FY2022.