New Momentum (NNAX) Asset Utilization Ratio (2019 - 2024)
New Momentum (NNAX) recorded quarterly Asset Utilization Ratio of 0.0 in Q4 2024, up 100.05% quarter-over-quarter from 0.48 in Q3 2024, and down 99.99% on a YoY basis from 2.38 in Q1 2024.
New Momentum (NNAX) Asset Utilization Ratio (2019 - 2024) Analysis & Trends
New Momentum's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.0 for Q4 2024.
- In Q4 2024, Asset Utilization Ratio fell 99.99% year-over-year to 0.0; the TTM figure through Dec 2024 stood at 0.0 (down 99.99% YoY), while the FY2024 annual figure was 0.0, down 99.99% from the prior year.
- Asset Utilization Ratio was 0.0 for Q4 2024 at New Momentum, up from 0.48 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 15.71 in Q4 2021 to a low of 0.48 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 5.42 across 5 years, with a median of 5.68 in 2021.
- The sharpest annual moves came in 2021 and 2024: Asset Utilization Ratio jumped 192483.95% in 2021, then tumbled 108.93% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 3.48 in 2020, then jumped by 351.52% to 15.71 in 2021, then plunged by 58.74% to 6.48 in 2022, then sank by 63.32% to 2.38 in 2023, then plunged by 99.99% to 0.0 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.0 (Q4 2024), 0.48 (Q3 2024), and 0.03 (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 130.26 Bn | 114.24 Bn | 3.46 Bn | 0.97 |
| 2 | Royal Caribbean Cruises | 79.38 Bn | 78.87 Bn | 2.21 Bn | 0.44 |
| 3 | Airbnb | 79.10 Bn | 67.09 Bn | 2.10 Bn | 0.52 |
| 4 | Carnival | 40.18 Bn | 38.77 Bn | - | 0.52 |
| 5 | Expedia | 27.43 Bn | 21.64 Bn | 3.05 Bn | 0.60 |
| 6 | Norwegian Cruise Line Holdings | 8.89 Bn | 8.71 Bn | 953.34 Mn | 0.43 |
| 7 | Global Business Travel | 4.79 Bn | 4.36 Bn | 714.00 Mn | 0.59 |
| 8 | Travel & Leisure | 4.67 Bn | 4.41 Bn | 926.00 Mn | 0.60 |
| 9 | Trip.com | 4.32 Bn | -894.90 Mn | 1.74 Bn | 0.23 |
| 10 | New Momentum | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | -0.48 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.95 |
| Dec 31, 2023 | 2.38 |
| Sep 30, 2023 | 5.38 |
| Jun 30, 2023 | 6.32 |
| Mar 31, 2023 | 7.86 |
| Dec 31, 2022 | 6.48 |
| Sep 30, 2022 | 6.66 |
| Jun 30, 2022 | 10.02 |
| Mar 31, 2022 | 13.35 |
| Dec 31, 2021 | 15.71 |
| Sep 30, 2021 | 14.35 |
| Jun 30, 2021 | 9.68 |
| Mar 31, 2021 | 5.98 |
| Dec 31, 2020 | 3.48 |
| Sep 30, 2020 | 0.20 |
| Jun 30, 2020 | -0.01 |
| Mar 31, 2020 | 0.00 |