Mynd.ai (MYND) Asset Utilization Ratio (2017 - 2022)
Mynd.ai's (MYND) quarterly Asset Utilization Ratio came in at 0.48 in Q2 2022, down 11.63% year-over-year from 0.55 in Q2 2021, and down 11.61% quarter-over-quarter from 0.55 in Q4 2021.
Mynd.ai (MYND) Asset Utilization Ratio (2017 - 2022) Analysis & Trends
Mynd.ai has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 0.48 for Q2 2022.
- In Q2 2022, Asset Utilization Ratio fell 11.63% year-over-year to 0.48; the TTM figure through Jun 2022 stood at 0.48 (down 11.63% YoY), while the FY2025 annual figure was 0.77, down 4.79% from the prior year.
- Asset Utilization Ratio came in at 0.48 for Q2 2022 at Mynd.ai, down from 0.55 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.66 in Q1 2021 to a low of 0.39 in Q3 2020.
- Average Asset Utilization Ratio over 5 years is 0.54, with a median of 0.55 recorded in 2021.
- Year-over-year, Asset Utilization Ratio fell 24.68% in 2020 and jumped 51.43% in 2021.
- Over 5 years, Asset Utilization Ratio stood at 0.65 in 2018, then dropped by 17.65% to 0.53 in 2019, then grew by 8.88% to 0.58 in 2020, then dropped by 5.8% to 0.55 in 2021, then fell by 11.61% to 0.48 in 2022.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.48 in Q2 2022, 0.55 in Q4 2021, and 0.59 in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Logitech International | 14.49 Bn | 12.74 Bn | 607.94 Mn | 1.25 |
| 2 | Mynd.ai | 15.25 Mn | 8.21 Mn | - | - |
| 3 | Socket Mobile | 4.30 Mn | 2.70 Mn | 1.41 Mn | 1.05 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 0.48 |
| Dec 31, 2021 | 0.55 |
| Sep 30, 2021 | 0.59 |
| Jun 30, 2021 | 0.55 |
| Mar 31, 2021 | 0.66 |
| Dec 31, 2020 | 0.58 |
| Sep 30, 2020 | 0.39 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.52 |
| Dec 31, 2019 | 0.53 |
| Sep 30, 2019 | 0.51 |
| Jun 30, 2019 | 0.50 |
| Mar 31, 2019 | 0.57 |
| Jun 30, 2018 | 0.65 |
| Mar 31, 2018 | 0.61 |
| Dec 31, 2017 | 0.59 |
Mynd.ai 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=MYND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MYND", "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=MYND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();