Video River Networks, Inc. (NIHK) Asset Utilization Ratio (2021 - 2024)
Video River Networks (NIHK) posted Asset Utilization Ratio of 0.3 for Q3 2024, down 4.28% sequentially from 0.29 in Q2 2024, and down 173.6% YoY from 0.41 in Q4 2023.
Video River Networks, Inc. (NIHK) Asset Utilization Ratio (2021 - 2024) Analysis & Trends
Video River Networks has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.3 in Q3 2024.
- Quarterly Asset Utilization Ratio fell 173.6% year-over-year to 0.3 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.3 (down 173.6% YoY) and the FY2023 annual result came in at 0.18, down 73.86% from the prior year.
- Asset Utilization Ratio slipped to 0.3 in Q3 2024 per NIHK's latest filing, from 0.29 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.04 in Q3 2021 and troughed at 0.3 in Q3 2024.
- A 4-year average of 0.6 and a median of 0.57 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio advanced 6.64% in 2023, then slumped 173.6% in 2024.
- Over 4 years, Asset Utilization Ratio stood at 1.38 in 2021, then tumbled by 58.4% to 0.57 in 2022, then tumbled by 69.9% to 0.17 in 2023, then sank by 275.03% to 0.3 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.3, 0.29, and 0.12 for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -0.30 |
| Jun 30, 2024 | -0.29 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.95 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.99 |
| Dec 31, 2021 | 1.38 |
| Sep 30, 2021 | 2.04 |