Shore Bancshares (SHBI) Asset Utilization Ratio (2016 - 2023)
Historic Asset Utilization Ratio for Shore Bancshares (SHBI) over the last 12 years, with Q3 2023 value amounting to 0.02.
- Shore Bancshares' Asset Utilization Ratio rose 24354.45% to 0.02 in Q3 2023 from the same period last year, while for Sep 2023 it was 0.02, marking a year-over-year increase of 24354.45%. This contributed to the annual value of 0.0 for FY2022, which is 834.92% up from last year.
- According to the latest figures from Q3 2023, Shore Bancshares' Asset Utilization Ratio is 0.02, which was up 24354.45% from 0.0 recorded in Q2 2023.
- In the past 5 years, Shore Bancshares' Asset Utilization Ratio ranged from a high of 0.02 in Q3 2023 and a low of 0.0 during Q1 2022
- Over the past 5 years, Shore Bancshares' median Asset Utilization Ratio value was 0.0 (recorded in 2021), while the average stood at 0.01.
- Per our database at Business Quant, Shore Bancshares' Asset Utilization Ratio crashed by 6758.83% in 2021 and then surged by 24354.45% in 2023.
- Quarter analysis of 5 years shows Shore Bancshares' Asset Utilization Ratio stood at 0.01 in 2019, then plummeted by 66.14% to 0.0 in 2020, then dropped by 21.39% to 0.0 in 2021, then grew by 15.46% to 0.0 in 2022, then surged by 244.54% to 0.02 in 2023.
- Its last three reported values are 0.02 in Q3 2023, 0.0 for Q2 2023, and 0.0 during Q1 2023.