Quest Patent Research (QPRC) Asset Utilization Ratio (2011 - 2024)
Quest Patent Research (QPRC) posted Asset Utilization Ratio of 0.71 for Q4 2024, down 80.17% sequentially from 3.59 in Q3 2024, and down 68.02% YoY from 2.22 in Q1 2024.
Quest Patent Research (QPRC) Asset Utilization Ratio (2011 - 2024) Analysis & Trends
Quest Patent Research has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.71 in Q4 2024.
- Quarterly Asset Utilization Ratio fell 68.02% year-over-year to 0.71 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.71 (down 68.02% YoY) and the FY2024 annual result came in at 0.52, down 83.29% from the prior year.
- Asset Utilization Ratio slipped to 0.71 in Q4 2024 per QPRC's latest filing, from 3.59 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 3.94 in Q1 2022 and troughed at 0.12 in Q3 2023.
- A 4-year average of 1.5 and a median of 1.45 in 2020 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio plunged 95.22% in 2023, then soared 2996.39% in 2024.
- Over 4 years, Asset Utilization Ratio stood at 1.41 in 2020, then sank by 77.65% to 0.32 in 2022, then jumped by 605.31% to 2.22 in 2023, then plunged by 68.02% to 0.71 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.71, 3.59, and 2.34 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.70 Bn | 81.41 Bn | 1.48 Bn | 1.09 |
| 2 | Relx | 65.71 Bn | 65.53 Bn | - | - |
| 3 | Copart | 31.73 Bn | 28.37 Bn | 732.88 Mn | 0.46 |
| 4 | Global Payments | 25.25 Bn | 19.84 Bn | 2.03 Bn | 0.16 |
| 5 | Rb Global | 16.09 Bn | 15.57 Bn | 935.50 Mn | 0.39 |
| 6 | Aramark | 15.69 Bn | 15.19 Bn | 430.34 Mn | 1.43 |
| 7 | UL Solutions | 15.13 Bn | 14.70 Bn | 417.00 Mn | 1.04 |
| 8 | Rentokil Initial | 11.92 Bn | 9.39 Bn | - | - |
| 9 | Dolby Laboratories | 6.10 Bn | 5.43 Bn | 264.68 Mn | 0.42 |
| 10 | Quest Patent Research | 1.33 Mn | 852,615.25 | -348,206.00 | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 3.59 |
| Jun 30, 2024 | 2.34 |
| Mar 31, 2024 | 1.79 |
| Dec 31, 2023 | 2.22 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 2.41 |
| Mar 31, 2022 | 3.94 |
| Dec 31, 2020 | 1.41 |
| Sep 30, 2020 | 1.99 |
| Jun 30, 2020 | 1.48 |
| Mar 31, 2020 | 1.11 |
| Dec 31, 2019 | 0.92 |
| Sep 30, 2019 | 2.41 |
| Jun 30, 2019 | 2.39 |
| Mar 31, 2019 | 4.94 |