Maxeon Solar Technologies, Ltd. (MAXNQ) Asset Utilization Ratio (2021 - 2024)
Maxeon Solar Technologies' (MAXNQ) quarterly Asset Utilization Ratio came in at 1.25 in Q4 2024, up 9.11% on a QoQ basis from 1.14 in Q3 2024.
Maxeon Solar Technologies, Ltd. (MAXNQ) Asset Utilization Ratio (2021 - 2024) Analysis & Trends
Maxeon Solar Technologies (MAXNQ) has 4 years of Asset Utilization Ratio data on file, last reported at 1.25 in Q4 2024.
- Quarterly Asset Utilization Ratio changed N/A year-over-year to 1.25 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 1.25 (changed N/A YoY) and the FY2024 annual result came in at 0.74, down 25.6% from the prior year.
- Asset Utilization Ratio advanced to 1.25 in Q4 2024, from 1.14 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.25 in Q4 2024 to a low of 0.78 in Q4 2021.
- A 4-year average of 0.96 and a median of 0.88 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio advanced 0.28% — and 2024, when it climbed 29.08%.
- Tracing MAXNQ's Asset Utilization Ratio over 4 years: stood at 0.78 in 2021, then increased by 4.78% to 0.82 in 2022, then advanced by 7.85% to 0.88 in 2023, then surged by 40.85% to 1.25 in 2024.
- The last three Asset Utilization Ratio figures came in at 1.25 (Q4 2024), 1.14 (Q3 2024), and 1.18 (Q2 2024), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.25 |
| Sep 29, 2024 | 1.14 |
| Jun 30, 2024 | 1.18 |
| Mar 31, 2024 | 1.17 |
| Oct 1, 2023 | 0.88 |
| Jul 2, 2023 | 0.93 |
| Apr 2, 2023 | 0.91 |
| Jan 1, 2023 | 0.84 |
| Oct 2, 2022 | 0.82 |
| Jul 3, 2022 | 0.83 |
| Apr 3, 2022 | 0.84 |
| Jan 2, 2022 | 0.84 |
| Oct 3, 2021 | 0.78 |