Shorepower Technologies (SPEV) Asset Utilization Ratio (2016 - 2025)
Shorepower Technologies (SPEV) has disclosed Asset Utilization Ratio for 12 consecutive years, with 1.76 as the latest value for Q3 2025.
- On a quarterly basis, Asset Utilization Ratio changed N/A to 1.76 in Q3 2025 year-over-year; TTM through Sep 2025 was 1.76, a N/A change, with the full-year FY2024 number at 0.47, up 1060.52% from a year prior.
- Asset Utilization Ratio was 1.76 for Q3 2025 at Shorepower Technologies, up from 1.22 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 6.24 in Q1 2024 to a low of 0.02 in Q4 2021.
- A 5-year average of 1.44 and a median of 0.49 in 2022 define the central range for Asset Utilization Ratio.
- Biggest YoY gain for Asset Utilization Ratio was 9752.4% in 2023; the steepest drop was 50.34% in 2023.
- Shorepower Technologies' Asset Utilization Ratio stood at 0.02 in 2021, then soared by 176.97% to 0.05 in 2022, then surged by 9752.4% to 4.45 in 2023, then plummeted by 80.09% to 0.89 in 2024, then skyrocketed by 98.66% to 1.76 in 2025.
- Per Business Quant, the three most recent readings for SPEV's Asset Utilization Ratio are 1.76 (Q3 2025), 1.22 (Q2 2025), and 1.83 (Q1 2025).