Transportation & Logistics Systems (TLSS) Asset Utilization Ratio (2018 - 2023)
Transportation & Logistics Systems' quarterly Asset Utilization Ratio came in at 0.8 in Q3 2023, up 145.24% year-on-year from 0.32 in Q3 2022, and up 29.68% quarter-over-quarter from 0.61 in Q2 2023.
Transportation & Logistics Systems has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.8 in Q3 2023.
- For the quarter ending Q3 2023, Asset Utilization Ratio rose 145.24% year-over-year to 0.8; the trailing twelve-month figure through Sep 2023 stood at 0.8 (up 145.24% YoY), and the FY2022 full-year result was 0.5, down 40.25% from the prior year.
- Asset Utilization Ratio for Q3 2023 stood at 0.8, up from 0.61 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 6.42 in Q4 2020, with the low at 0.32 in Q3 2022.
- Average Asset Utilization Ratio over 5 years is 2.48, with a median of 1.11 recorded in 2021.
- Year-over-year, Asset Utilization Ratio jumped 524.25% in 2019 and plunged 89.24% in 2021.
- Tracing TLSS's Asset Utilization Ratio over 5 years: stood at 6.4 in 2019, then gained by 0.21% to 6.42 in 2020, then sank by 89.24% to 0.69 in 2021, then slumped by 52.45% to 0.33 in 2022, then jumped by 142.22% to 0.8 in 2023.
- The last three Asset Utilization Ratio figures came in at 0.8 (Q3 2023), 0.61 (Q2 2023), and 0.5 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 0.98 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 1.01 |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 0.92 |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 0.63 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 1.16 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 1.75 |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 1.65 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 1.00 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 0.92 |
| 10 | Transportation & Logistics Systems | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.61 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.32 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.56 |
| Dec 31, 2021 | 0.69 |
| Sep 30, 2021 | 1.11 |
| Jun 30, 2021 | 1.89 |
| Mar 31, 2021 | 3.58 |
| Dec 31, 2020 | 6.42 |
| Sep 30, 2020 | 5.96 |
| Dec 31, 2019 | 6.40 |
| Sep 30, 2019 | 5.48 |
| Jun 30, 2019 | 4.23 |
| Mar 31, 2019 | 2.75 |
| Dec 31, 2018 | 2.25 |
| Sep 30, 2018 | 1.03 |
| Jun 30, 2018 | 0.68 |
| Mar 31, 2018 | 6.13 |