Reed'S, Inc. (REED) Asset Utilization Ratio (2011 - 2024)
Reed'S's (REED) quarterly Asset Utilization Ratio came in at 2.26 in Q1 2024, up 5.74% YoY from 2.14 in Q2 2023, and up 10.27% on a QoQ basis from 2.05 in Q4 2023.
Reed'S, Inc. (REED) Asset Utilization Ratio (2011 - 2024) Analysis & Trends
Reed'S (REED) has 13 years of Asset Utilization Ratio data on file, last reported at 2.26 in Q1 2024.
- Quarterly Asset Utilization Ratio rose 5.74% year-over-year to 2.26 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 2.26 (up 5.74% YoY) and the FY2023 annual result came in at 2.02, down 1.57% from the prior year.
- Asset Utilization Ratio climbed to 2.26 in Q1 2024, from 2.05 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.26 in Q1 2024 to a low of 1.39 in Q2 2022.
- A 4-year average of 1.95 and a median of 2.12 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio declined 7.32% — and 2023, when it surged 58.39%.
- Tracing REED's Asset Utilization Ratio over 4 years: stood at 2.23 in 2020, then declined by 14.76% to 1.9 in 2022, then grew by 7.93% to 2.05 in 2023, then rose by 10.27% to 2.26 in 2024.
- The last three Asset Utilization Ratio figures came in at 2.26 (Q1 2024), 2.05 (Q4 2023), and 2.12 (Q3 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 2.26 |
| Dec 31, 2023 | 2.05 |
| Sep 30, 2023 | 2.12 |
| Jun 30, 2023 | 2.20 |
| Mar 31, 2023 | 2.14 |
| Dec 31, 2022 | 1.90 |
| Sep 30, 2022 | 1.47 |
| Jun 30, 2022 | 1.39 |
| Mar 31, 2022 | 1.40 |
| Jun 30, 2020 | 2.23 |
| Mar 31, 2020 | 2.26 |
| Dec 31, 2019 | 2.06 |
| Sep 30, 2019 | 2.18 |
| Jun 30, 2019 | 2.18 |
| Mar 31, 2019 | 2.44 |
| Dec 31, 2018 | 2.77 |
| Sep 30, 2018 | 2.21 |
| Jun 30, 2018 | 2.14 |
| Mar 31, 2018 | 1.85 |
| Dec 31, 2017 | 1.73 |