New Momentum Corp. (NNAX) Asset Utilization Ratio (2019 - 2024)
New Momentum (NNAX) posted quarterly Asset Utilization Ratio of 0.0 for Q4 2024, down 99.99% year-over-year from 2.38 in Q1 2024, and up 100.05% quarter-over-quarter from 0.48 in Q3 2024.
New Momentum Corp. (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 for Q4 2024 stood at 0.0, up from 0.48 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 15.71 in Q4 2021, with the low at 0.48 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 5.68 (2021), against an average of 5.42.
- The sharpest annual moves came in 2021 and 2024: Asset Utilization Ratio soared 192483.95% in 2021, then slumped 108.93% in 2024.
- New Momentum's Asset Utilization Ratio stood at 3.48 in 2020, then soared by 351.52% to 15.71 in 2021, then tumbled by 58.74% to 6.48 in 2022, then plunged by 63.32% to 2.38 in 2023, then tumbled by 99.99% to 0.0 in 2024.
- Business Quant data shows NNAX's Asset Utilization Ratio at 0.0 in Q4 2024, 0.48 in Q3 2024, and 0.03 in Q2 2024.
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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 |