Growth Metrics

Innovate (VATE) Asset Utilization Ratio (2016 - 2025)

Innovate (VATE) has 13 years of Asset Utilization Ratio data on record, last reported at 1.37 in Q3 2024.

  • For Q3 2024, Asset Utilization Ratio changed N/A year-over-year to 1.37; the TTM value through Sep 2024 reached 1.37, changed N/A, while the annual FY2023 figure was 1.3, 11.62% down from the prior year.
  • Asset Utilization Ratio reached 1.37 in Q3 2024 per VATE's latest filing, down from 1.48 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.48 in Q2 2024 and bottomed at 0.11 in Q3 2020.
  • Average Asset Utilization Ratio over 4 years is 0.64, with a median of 0.14 recorded in 2020.
  • Peak YoY movement for Asset Utilization Ratio: tumbled 75.95% in 2020, then decreased 12.71% in 2021.
  • A 4-year view of Asset Utilization Ratio shows it stood at 0.11 in 2020, then rose by 7.15% to 0.11 in 2021, then surged by 1133.92% to 1.41 in 2022, then fell by 2.98% to 1.37 in 2024.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 1.37 in Q3 2024, 1.48 in Q2 2024, and 1.43 in Q1 2024.