Video River Networks (NIHK) Asset Utilization Ratio (2021 - 2024)
Video River Networks' (NIHK) quarterly Asset Utilization Ratio came in at 0.3 in Q3 2024, down 173.6% year-on-year from 0.41 in Q4 2023, and down 4.28% quarter-over-quarter from 0.29 in Q2 2024.
Video River Networks (NIHK) Asset Utilization Ratio (2021 - 2024) Analysis & Trends
Video River Networks has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.3 for Q3 2024.
- Asset Utilization Ratio for Q3 2024 came in at 0.3, down 173.6% year-over-year; the trailing twelve-month figure through Sep 2024 was 0.3 (down 173.6% YoY), and the FY2023 annual result was 0.18, down 73.86% from the prior year.
- Asset Utilization Ratio came in at 0.3 for Q3 2024 at Video River Networks, down from 0.29 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.04 in Q3 2021 to a low of 0.3 in Q3 2024.
- The 4-year median for Asset Utilization Ratio is 0.57 (2022), against an average of 0.6.
- Across the five-year window, Asset Utilization Ratio advanced 6.64% in 2023 and tumbled 173.6% in 2024, its largest moves.
- Video River Networks' 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.
- The last three Asset Utilization Ratio figures came in at 0.3 (Q3 2024), 0.29 (Q2 2024), and 0.12 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 0.05 |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 0.03 |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 0.05 |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 0.11 |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 0.98 |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 0.26 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 0.03 |
| 10 | Video River Networks | - | - | -686.00 | - |
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 |