Mynd.ai (MYND) Asset Utilization Ratio (2017 - 2022)

Mynd.ai (MYND) posted Asset Utilization Ratio of 0.7 for Q2 2022, down 32.13% sequentially from 1.03 in Q4 2021, and down 36.79% YoY from 1.11 in Q2 2021.

Mynd.ai (MYND) Asset Utilization Ratio (2017 - 2022) Analysis & Trends

Mynd.ai has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.7 in Q2 2022.

  • Quarterly Asset Utilization Ratio fell 36.79% year-over-year to 0.7 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.7 (down 36.79% YoY) and the FY2025 annual result came in at 0.77, down 4.79% from the prior year.
  • Asset Utilization Ratio eased to 0.7 in Q2 2022 per MYND's latest filing, from 1.03 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 3.29 in Q1 2021 and troughed at 0.39 in Q3 2020.
  • A 5-year average of 0.84 and a median of 0.58 in 2020 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio soared 532.93% in 2021, then tumbled 36.79% in 2022.
  • Over 5 years, Asset Utilization Ratio stood at 0.65 in 2018, then fell by 17.65% to 0.53 in 2019, then rose by 8.88% to 0.58 in 2020, then surged by 77.08% to 1.03 in 2021, then tumbled by 32.13% to 0.7 in 2022.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.7, 1.03, and 1.17 for Q2 2022, Q4 2021, and Q3 2021 respectively.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 New Oriental Education & Technology 84.75 Bn 82.75 Bn 812.22 Mn 0.66
2 51Talk Online Education 7.47 Bn 7.44 Bn 22.97 Mn 1.65
3 Laureate Education 5.19 Bn 5.02 Bn 237.67 Mn 0.78
4 Graham Holdings 5.04 Bn 3.79 Bn 777.03 Mn 0.62
5 Covista 4.62 Bn 4.62 Bn 284.63 Mn 0.68
6 Grand Canyon Education 3.76 Bn 3.48 Bn 204.08 Mn 1.21
7 Stride 3.54 Bn 2.58 Bn 217.28 Mn 1.03
8 TAL Education 2.30 Bn -377.25 Mn 227.32 Mn -
9 McGraw Hill 2.26 Bn 2.00 Bn 388.89 Mn 0.38
10 Mynd.ai 169.07 Mn 150.59 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2022 0.70
Dec 31, 2021 1.03
Sep 30, 2021 1.17
Jun 30, 2021 1.11
Mar 31, 2021 3.29
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