Growth Metrics

NextPlat (NXPL) Asset Utilization Ratio (2016 - 2022)

Historic Asset Utilization Ratio for NextPlat (NXPL) over the last 10 years, with Q3 2022 value amounting to 0.49.

  • NextPlat's Asset Utilization Ratio rose 2772.17% to 0.49 in Q3 2022 from the same period last year, while for Sep 2022 it was 0.49, marking a year-over-year increase of 2772.17%. This contributed to the annual value of 0.67 for FY2021, which is 7032.14% down from last year.
  • Per NextPlat's latest filing, its Asset Utilization Ratio stood at 0.49 for Q3 2022, which was up 2772.17% from 0.42 recorded in Q2 2022.
  • In the past 5 years, NextPlat's Asset Utilization Ratio registered a high of 2.54 during Q1 2020, and its lowest value of 0.38 during Q4 2021.
  • For the 5-year period, NextPlat's Asset Utilization Ratio averaged around 1.63, with its median value being 2.04 (2020).
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first soared by 3306.85% in 2018, then plummeted by 8194.8% in 2021.
  • Quarter analysis of 5 years shows NextPlat's Asset Utilization Ratio stood at 2.18 in 2018, then rose by 6.66% to 2.32 in 2019, then decreased by 12.06% to 2.04 in 2020, then tumbled by 81.4% to 0.38 in 2021, then grew by 28.61% to 0.49 in 2022.
  • Its Asset Utilization Ratio stands at 0.49 for Q3 2022, versus 0.42 for Q2 2022 and 0.43 for Q1 2022.