Sonendo, Inc. (SONX) Asset Utilization Ratio (2021 - 2024)
Sonendo's Asset Utilization Ratio came in at 0.91 for Q4 2024, up 119.6% from 0.42 a year earlier and up 19.0% from the prior quarter.
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Analysis
Sonendo, Inc. (SONX) Asset Utilization Ratio (2021 - 2024) Analysis & Trends
For FY2024, Sonendo's Asset Utilization Ratio was 0.58, up 80.3% from FY2023.
- Going back by year, Asset Utilization Ratio was 0.32 in FY2023 (-2.5%), 0.33 in FY2022 (-4.9%) and 0.35 in FY2021.
- The Q4 2024 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q4 2021.
- Year-over-year, Asset Utilization Ratio has increased for six consecutive quarters, with growth averaging 48.9% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q4 2024 (growth of 119.6%), and the weakest in Q4 2022 (a decline of 28.8%).
- Business Quant data shows SONX's Asset Utilization Ratio at 0.77 (Q3 2024), 0.63 (Q2 2024) and 0.49 (Q1 2024) in the three quarters before Q4 2024.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.91 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.42 |
API Access
Sonendo, Inc. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();