SEATech Ventures (SEAV) Asset Utilization Ratio (2019 - 2023)

SEATech Ventures has reported Asset Utilization Ratio for 5 years, with the latest figure at 1.36 in Q4 2023.

• For the quarter ending Q4 2023, Asset Utilization Ratio fell 43.09% year-over-year to 1.36; the trailing twelve-month figure through Dec 2023 stood at 1.36 (down 43.09% YoY), and the FY2023 full-year result was 1.47, down 37.6% from the prior year.
• Asset Utilization Ratio for Q4 2023 stood at 1.36, down from 1.38 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 2.48 in Q2 2022, with the low at 0.13 in Q4 2019.
• Historically, Asset Utilization Ratio has averaged 1.49 across 5 years, with a median of 1.38 in 2023.
• Annual changes were most pronounced in 2020 — Asset Utilization Ratio surged 339.7% — and 2023, when it plunged 43.53%.
• SEATech Ventures' Asset Utilization Ratio stood at 0.13 in 2019, then surged by 339.7% to 0.57 in 2020, then jumped by 120.84% to 1.27 in 2021, then surged by 89.06% to 2.39 in 2022, then tumbled by 43.09% to 1.36 in 2023.
• The last three Asset Utilization Ratio figures came in at 1.36 (Q4 2023), 1.38 (Q3 2023), and 1.4 (Q2 2023), per Business Quant data.