Lowell Farms Inc. (LOWLF) Asset Utilization Ratio (2021 - 2024)
Lowell Farms' Asset Utilization Ratio history spans 4 years, with the latest figure at 0.64 for Q3 2024.
- For Q3 2024, Asset Utilization Ratio rose 165.31% year-over-year to 0.64; the TTM value through Sep 2024 reached 0.64, up 165.31%, while the annual FY2023 figure was 0.36, 6.33% up from the prior year.
- Asset Utilization Ratio for Q3 2024 was 0.64 at Lowell Farms, down from 0.68 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.71 in Q1 2024 and bottomed at 0.24 in Q3 2023.
- The 4-year median for Asset Utilization Ratio is 0.38 (2022), against an average of 0.43.
- The largest annual shift saw Asset Utilization Ratio plummeted 36.14% in 2023 before it soared 165.31% in 2024.
- A 4-year view of Asset Utilization Ratio shows it stood at 0.37 in 2021, then decreased by 6.11% to 0.35 in 2022, then rose by 6.13% to 0.37 in 2023, then skyrocketed by 73.39% to 0.64 in 2024.
- Per Business Quant, the three most recent readings for LOWLF's Asset Utilization Ratio are 0.64 (Q3 2024), 0.68 (Q2 2024), and 0.71 (Q1 2024).