Growth Metrics

Nexgel (NXGL) Asset Utilization Ratio (2019 - 2025)

Nexgel (NXGL) has disclosed Asset Utilization Ratio for 7 consecutive years, with 1.09 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Asset Utilization Ratio rose 65.38% year-over-year to 1.09, compared with a TTM value of 1.09 through Sep 2025, up 65.38%, and an annual FY2024 reading of 0.83, up 106.12% over the prior year.
  • Asset Utilization Ratio was 1.09 for Q3 2025 at Nexgel, down from 1.16 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.16 in Q2 2025 and bottomed at 0.11 in Q1 2022.
  • Average Asset Utilization Ratio over 5 years is 0.44, with a median of 0.27 recorded in 2021.
  • The sharpest move saw Asset Utilization Ratio tumbled 56.15% in 2022, then surged 133.17% in 2025.
  • Year by year, Asset Utilization Ratio stood at 0.14 in 2021, then skyrocketed by 34.15% to 0.19 in 2022, then surged by 116.55% to 0.41 in 2023, then soared by 96.13% to 0.81 in 2024, then soared by 35.69% to 1.09 in 2025.
  • Business Quant data shows Asset Utilization Ratio for NXGL at 1.09 in Q3 2025, 1.16 in Q2 2025, and 0.95 in Q1 2025.