Summit Networks Inc. (SNTW) Asset Utilization Ratio (2015 - 2017)
Summit Networks (SNTW) posted quarterly Asset Utilization Ratio of 2.58 for Q2 2017, down 30.42% year-over-year from 3.71 in Q2 2016, and up 3.43% quarter-over-quarter from 2.5 in Q1 2017.
Summit Networks Inc. (SNTW) Asset Utilization Ratio (2015 - 2017) Analysis & Trends
Summit Networks (SNTW) has reported Asset Utilization Ratio for 3 consecutive years, with 2.58 the latest figure, recorded in Q2 2017.
- In Q2 2017, Asset Utilization Ratio fell 30.42% year-over-year to 2.58; the TTM figure through Apr 2017 stood at 2.58 (down 30.42% YoY), while the FY2016 annual figure was 2.08, down 68.4% from the prior year.
- Asset Utilization Ratio climbed to 2.58 in Q2 2017 per SNTW's latest filing, from 2.5 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 4.93 in Q4 2015 and bottomed at 2.32 in Q4 2016.
- Historically, Asset Utilization Ratio has averaged 3.34 across 3 years, with a median of 2.87 in 2015.
- On a YoY basis, Asset Utilization Ratio climbed as much as 15.28% in 2016 and fell as far as 52.92% in 2016.
- Summit Networks' Asset Utilization Ratio stood at 4.93 in 2015, then slumped by 52.92% to 2.32 in 2016, then rose by 11.19% to 2.58 in 2017.
- Business Quant data shows SNTW's Asset Utilization Ratio at 2.58 in Q2 2017, 2.5 in Q1 2017, and 2.32 in Q4 2016.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2017 | 2.58 |
| Jan 31, 2017 | 2.50 |
| Oct 31, 2016 | 2.32 |
| Jul 31, 2016 | 2.63 |
| Apr 30, 2016 | 3.71 |
| Jan 31, 2016 | 4.92 |
| Oct 31, 2015 | 4.93 |
| Jul 31, 2015 | 3.11 |