Newegg Commerce (NEGG) Asset Utilization Ratio (2021 - 2024)
Historic Asset Utilization Ratio for Newegg Commerce (NEGG) over the last 9 years, with Q4 2024 value amounting to 1.71.
- Newegg Commerce's Asset Utilization Ratio fell 3755.25% to 1.71 in Q4 2024 from the same period last year, while for Dec 2024 it was 1.71, marking a year-over-year decrease of 3755.25%. This contributed to the annual value of 2.73 for FY2024, which is 518.79% down from last year.
- Newegg Commerce's Asset Utilization Ratio amounted to 1.71 in Q4 2024, which was down 3755.25% from 2.73 recorded in Q4 2023.
- Over the past 5 years, Newegg Commerce's Asset Utilization Ratio peaked at 5.89 during Q3 2022, and registered a low of 1.69 during Q2 2023.
- Over the past 4 years, Newegg Commerce's median Asset Utilization Ratio value was 2.7 (recorded in 2023), while the average stood at 3.08.
- Per our database at Business Quant, Newegg Commerce's Asset Utilization Ratio skyrocketed by 8010.45% in 2022 and then plummeted by 5466.45% in 2023.
- Quarter analysis of 4 years shows Newegg Commerce's Asset Utilization Ratio stood at 3.19 in 2021, then soared by 68.41% to 5.37 in 2022, then tumbled by 49.13% to 2.73 in 2023, then crashed by 37.55% to 1.71 in 2024.
- Its last three reported values are 1.71 in Q4 2024, 2.73 for Q4 2023, and 2.67 during Q3 2023.