Nova (NVMI) Asset Utilization Ratio: 2009-2024
Historic Asset Utilization Ratio for Nova (NVMI) over the last 16 years, with FY2024 value amounting to 0.53.
- Nova's Asset Utilization Ratio rose 728.58% to 0.14 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.14, marking a year-over-year increase of 728.58%. This contributed to the annual value of 0.53 for FY2024, which is 892.81% up from last year.
- Per Nova's latest filing, its Asset Utilization Ratio stood at 0.53 for FY2024, which was up 892.81% from 0.49 recorded in FY2023.
- Nova's Asset Utilization Ratio's 5-year high stood at 0.64 during FY2022, with a 5-year trough of 0.49 in FY2023.
- Moreover, its 5-year median value for Asset Utilization Ratio was 0.53 (2024), whereas its average is 0.55.
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first surged by 1198.96% in 2022, then tumbled by 2333.45% in 2023.
- Over the past 5 years, Nova's Asset Utilization Ratio (Annual) stood at 0.51 in 2020, then grew by 11.67% to 0.57 in 2021, then rose by 11.99% to 0.64 in 2022, then decreased by 23.33% to 0.49 in 2023, then rose by 8.93% to 0.53 in 2024.
- Its Asset Utilization Ratio stands at 0.53 for FY2024, versus 0.49 for FY2023 and 0.64 for FY2022.