Tennant (TNC) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for Tennant (TNC) over the last 15 years, with Q3 2025 value amounting to 0.99.
- Tennant's Asset Utilization Ratio fell 672.98% to 0.99 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.99, marking a year-over-year decrease of 672.98%. This contributed to the annual value of 1.12 for FY2024, which is 125.05% down from last year.
- As of Q3 2025, Tennant's Asset Utilization Ratio stood at 0.99, which was down 672.98% from 1.04 recorded in Q2 2025.
- In the past 5 years, Tennant's Asset Utilization Ratio ranged from a high of 1.14 in Q4 2023 and a low of 0.94 during Q1 2021
- Moreover, its 5-year median value for Asset Utilization Ratio was 1.05 (2022), whereas its average is 1.05.
- In the last 5 years, Tennant's Asset Utilization Ratio plummeted by 814.75% in 2021 and then surged by 986.69% in 2022.
- Over the past 5 years, Tennant's Asset Utilization Ratio (Quarter) stood at 1.02 in 2021, then grew by 1.98% to 1.05 in 2022, then rose by 9.54% to 1.14 in 2023, then fell by 6.57% to 1.07 in 2024, then decreased by 7.13% to 0.99 in 2025.
- Its Asset Utilization Ratio was 0.99 in Q3 2025, compared to 1.04 in Q2 2025 and 1.07 in Q1 2025.