Norris Industries (NRIS) Asset Utilization Ratio (2016 - 2025)
Norris Industries' Asset Utilization Ratio history spans 10 years, with the latest figure at 1.15 for Q3 2025.
- For Q3 2025, Asset Utilization Ratio rose 43.83% year-over-year to 1.15; the TTM value through Aug 2025 reached 1.15, up 43.83%, while the annual FY2025 figure was 0.81, 2.8% down from the prior year.
- Asset Utilization Ratio reached 1.15 in Q3 2025 per NRIS's latest filing, up from 0.95 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.83 in Q3 2022 to a low of 0.53 in Q1 2021.
- Average Asset Utilization Ratio over 5 years is 1.17, with a median of 1.18 recorded in 2021.
- Peak YoY movement for Asset Utilization Ratio: skyrocketed 149.25% in 2021, then plummeted 52.78% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.31 in 2021, then rose by 20.05% to 1.58 in 2022, then decreased by 15.96% to 1.33 in 2023, then plummeted by 38.27% to 0.82 in 2024, then skyrocketed by 40.74% to 1.15 in 2025.
- Per Business Quant, the three most recent readings for NRIS's Asset Utilization Ratio are 1.15 (Q3 2025), 0.95 (Q2 2025), and 0.84 (Q1 2025).