Vemanti Group, Inc. (VMNT) Asset Utilization Ratio (2021 - 2024)
Vemanti's (VMNT) quarterly Asset Utilization Ratio came in at 2.91 in Q3 2024, up 1388.2% YoY from 0.2 in Q4 2023, and up 26.7% on a QoQ basis from 2.29 in Q2 2024.
Vemanti Group, Inc. (VMNT) Asset Utilization Ratio (2021 - 2024) Analysis & Trends
Vemanti (VMNT) has 4 years of Asset Utilization Ratio data on file, last reported at 2.91 in Q3 2024.
- Quarterly Asset Utilization Ratio rose 1388.2% year-over-year to 2.91 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 2.91 (up 1388.2% YoY) and the FY2023 annual result came in at 0.3, up 55.93% from the prior year.
- Asset Utilization Ratio grew to 2.91 in Q3 2024, from 2.29 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.91 in Q3 2024 to a low of 0.14 in Q1 2023.
- A 4-year average of 0.64 and a median of 0.2 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio sank 30.54% — and 2024, when it soared 1388.2%.
- Tracing VMNT's Asset Utilization Ratio over 4 years: stood at 0.21 in 2021, then decreased by 22.87% to 0.16 in 2022, then soared by 129.42% to 0.38 in 2023, then surged by 669.08% to 2.91 in 2024.
- The last three Asset Utilization Ratio figures came in at 2.91 (Q3 2024), 2.29 (Q2 2024), and 1.13 (Q1 2024), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.91 |
| Jun 30, 2024 | 2.29 |
| Mar 31, 2024 | 1.13 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.19 |