Transportation & Logistics Systems, Inc. (TLSS) Asset Utilization Ratio (2018 - 2023)
Transportation & Logistics Systems (TLSS) posted quarterly Asset Utilization Ratio of 0.8 for Q3 2023, up 145.24% year-over-year from 0.32 in Q3 2022, and up 29.68% quarter-over-quarter from 0.61 in Q2 2023.
Transportation & Logistics Systems, Inc. (TLSS) Asset Utilization Ratio (2018 - 2023) Analysis & Trends
Transportation & Logistics Systems' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.8 for Q3 2023.
- In Q3 2023, Asset Utilization Ratio rose 145.24% year-over-year to 0.8; the TTM figure through Sep 2023 stood at 0.8 (up 145.24% YoY), while the FY2022 annual figure 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.
- The 5-year median for Asset Utilization Ratio is 1.63 (2021), against an average of 2.7.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio sank 83.59% in 2022, then jumped 145.24% in 2023.
- Transportation & Logistics Systems' Asset Utilization Ratio stood at 6.41 in 2019, then climbed by 0.14% to 6.42 in 2020, then slumped by 78.66% to 1.37 in 2021, then plunged by 76.03% to 0.33 in 2022, then surged by 142.22% to 0.8 in 2023.
- Business Quant data shows TLSS's Asset Utilization Ratio at 0.8 in Q3 2023, 0.61 in Q2 2023, and 0.5 in Q1 2023.
Peer Comparison
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 | 0.61 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 1.37 |
| Jun 30, 2021 | 1.89 |
| Mar 31, 2021 | 3.58 |
| Dec 31, 2020 | 6.42 |
| Sep 30, 2020 | 5.96 |
| Dec 31, 2019 | 6.41 |
| Sep 30, 2019 | 5.48 |
| Jun 30, 2019 | 4.23 |
| Mar 31, 2019 | 4.18 |
| Dec 31, 2018 | 7.38 |
| Sep 30, 2018 | 3.73 |
| Jun 30, 2018 | 2.44 |
| Mar 31, 2018 | 6.13 |