Reed'S (REED) Asset Utilization Ratio (2016 - 2024)
Historic Asset Utilization Ratio for Reed'S (REED) over the last 16 years, with Q3 2024 value amounting to 2.36.
- Reed'S's Asset Utilization Ratio rose 1159.33% to 2.36 in Q3 2024 from the same period last year, while for Sep 2024 it was 2.36, marking a year-over-year increase of 1159.33%. This contributed to the annual value of 2.02 for FY2023, which is 157.39% down from last year.
- Reed'S's Asset Utilization Ratio amounted to 2.36 in Q3 2024, which was up 1159.33% from 2.37 recorded in Q2 2024.
- Reed'S's Asset Utilization Ratio's 5-year high stood at 2.37 during Q2 2024, with a 5-year trough of 1.03 in Q2 2021.
- Over the past 5 years, Reed'S's median Asset Utilization Ratio value was 1.9 (recorded in 2022), while the average stood at 1.83.
- Within the past 5 years, the most significant YoY rise in Reed'S's Asset Utilization Ratio was 7010.58% (2021), while the steepest drop was 5363.4% (2021).
- Reed'S's Asset Utilization Ratio (Quarter) stood at 1.08 in 2020, then soared by 70.11% to 1.84 in 2021, then rose by 3.62% to 1.9 in 2022, then grew by 7.93% to 2.05 in 2023, then grew by 15.15% to 2.36 in 2024.
- Its Asset Utilization Ratio stands at 2.36 for Q3 2024, versus 2.37 for Q2 2024 and 2.26 for Q1 2024.