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Right On Brands, Inc. (RTON) Asset Utilization Ratio (2016 - 2023)

Right On Brands' Asset Utilization Ratio history spans 9 years, with the latest figure at 6.47 for Q4 2023.

  • For Q4 2023, Asset Utilization Ratio rose 29.41% year-over-year to 6.47; the TTM value through Dec 2023 reached 6.47, up 29.41%, while the annual FY2023 figure was 5.15, 21.63% up from the prior year.
  • Asset Utilization Ratio for Q4 2023 was 6.47 at Right On Brands, up from 5.85 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 6.47 in Q4 2023 and bottomed at 0.19 in Q1 2019.
  • The 5-year median for Asset Utilization Ratio is 2.29 (2020), against an average of 2.93.
  • The largest annual shift saw Asset Utilization Ratio surged 3373.59% in 2019 before it plummeted 41.65% in 2021.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.95 in 2019, then decreased by 4.35% to 0.91 in 2020, then surged by 314.17% to 3.78 in 2021, then skyrocketed by 32.28% to 5.0 in 2022, then grew by 29.41% to 6.47 in 2023.
  • Per Business Quant, the three most recent readings for RTON's Asset Utilization Ratio are 6.47 (Q4 2023), 5.85 (Q3 2023), and 5.65 (Q2 2023).