Growth Metrics

Socket Mobile (SCKT) Asset Utilization Ratio: 2011-2024

Historic Asset Utilization Ratio for Socket Mobile (SCKT) over the last 14 years, with Dec 2024 value amounting to 0.67.

  • Socket Mobile's Asset Utilization Ratio fell 7.79% to 0.61 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.61, marking a year-over-year decrease of 7.79%. This contributed to the annual value of 0.67 for FY2024, which is 12.61% up from last year.
  • According to the latest figures from FY2024, Socket Mobile's Asset Utilization Ratio is 0.67, which was up 12.61% from 0.59 recorded in FY2023.
  • In the past 5 years, Socket Mobile's Asset Utilization Ratio ranged from a high of 1.13 in FY2021 and a low of 0.59 during FY2023.
  • Moreover, its 3-year median value for Asset Utilization Ratio was 0.67 (2024), whereas its average is 0.68.
  • In the last 5 years, Socket Mobile's Asset Utilization Ratio increased by 25.82% in 2021 and then slumped by 30.40% in 2022.
  • Socket Mobile's Asset Utilization Ratio (Yearly) stood at 0.90 in 2020, then increased by 25.82% to 1.13 in 2021, then tumbled by 30.40% to 0.78 in 2022, then dropped by 24.22% to 0.59 in 2023, then climbed by 12.61% to 0.67 in 2024.