Vemanti Group, Inc. (VMNT) Asset Utilization Ratio (2021 - 2024)

Vemanti (VMNT) has reported Asset Utilization Ratio for 4 consecutive years, with 2.91 the latest figure, recorded in Q3 2024.

• For the quarter ending Q3 2024, Asset Utilization Ratio rose 1388.2% year-over-year to 2.91; the trailing twelve-month figure through Sep 2024 stood at 2.91 (up 1388.2% YoY), and the FY2023 full-year result was 0.3, up 55.93% from the prior year.
• Asset Utilization Ratio improved to 2.91 in Q3 2024 per VMNT's latest filing, from 2.29 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 2.91 in Q3 2024 and bottomed at 0.14 in Q1 2023.
• Historically, Asset Utilization Ratio has averaged 0.64 across 4 years, with a median of 0.2 in 2023.
• The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio slumped 30.54% in 2023, then jumped 1388.2% in 2024.
• Over 4 years, Asset Utilization Ratio stood at 0.21 in 2021, then dropped by 22.87% to 0.16 in 2022, then surged by 129.42% to 0.38 in 2023, then jumped by 669.08% to 2.91 in 2024.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 2.91, 2.29, and 1.13 for Q3 2024, Q2 2024, and Q1 2024 respectively.