Magyar Bancorp, Inc. (MGYR) Asset Utilization Ratio (2011 - 2026)
Magyar Bancorp's Asset Utilization Ratio was 0.03 in fiscal Q3 2024 (quarter ended Jun 30, 2024), down 10.0% from 0.04 a year earlier and down 2.5% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2023 (ended Sep 30, 2023), Asset Utilization Ratio at Magyar Bancorp came in at 0.04, down 5.7% from FY2022.
- In earlier fiscal years, Asset Utilization Ratio was 0.04 in FY2022 (-0.4%), 0.04 in FY2021 (+13.6%), 0.03 in FY2020 (-7.0%) and 0.04 in FY2019 (+1.0%).
- The fiscal Q3 2024 figure marks the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q2 2021.
- Compared with a year earlier, Asset Utilization Ratio has declined for five straight quarters, with an average decline of 3.7% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q4 2022 (growth of 4.3%); the worst was fiscal Q2 2024 (a decline of 10.0%).
- Per Business Quant data, MGYR's Asset Utilization Ratio in the three fiscal quarters before Q3 2024 was 0.03 (Q2 2024), 0.03 (Q1 2024) and 0.03 (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |
Magyar Bancorp, Inc. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MGYR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();