Transact Technologies (TACT) Asset Utilization Ratio (2016 - 2025)
Transact Technologies' Asset Utilization Ratio history spans 14 years, with the latest figure at 0.92 for Q3 2024.
- For Q3 2024, Asset Utilization Ratio fell 32.93% year-over-year to 0.92; the TTM value through Sep 2024 reached 0.92, down 32.93%, while the annual FY2021 figure was 0.85, 8.19% up from the prior year.
- Asset Utilization Ratio for Q3 2024 was 0.92 at Transact Technologies, down from 1.03 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.37 in Q3 2023 and bottomed at 0.7 in Q1 2021.
- The 5-year median for Asset Utilization Ratio is 1.0 (2020), against an average of 1.03.
- The largest annual shift saw Asset Utilization Ratio crashed 43.25% in 2021 before it soared 46.02% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.79 in 2020, then rose by 0.79% to 0.79 in 2021, then surged by 35.44% to 1.07 in 2022, then grew by 21.93% to 1.31 in 2023, then dropped by 29.76% to 0.92 in 2024.
- Per Business Quant, the three most recent readings for TACT's Asset Utilization Ratio are 0.92 (Q3 2024), 1.03 (Q2 2024), and 1.15 (Q1 2024).