Carolina Trust Bank (CART)
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2.70
-0.09 -3.35%
NASDAQ
May 22, 8:00PM
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Carolina Trust Bank Asset Utilization
Carolina Trust Bank Historical Asset Utilization Data
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About Asset Utilization
The asset utilization ratio calculates the total revenue earned for every dollar of assets a company owns.
For example, with an asset utilization ratio of 52%, a company earned $.52 for each dollar of assets held by the company. An increasing asset utilization means the company is being more efficient with each dollar of assets it has.
This ratio is frequently used to compare a company's efficiency over time.
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CART Asset Utilization Benchmarks
| Companies | |
|---|---|
| Ameris Bancorp | 0.0543 |
| Oak Valley Bancorp | 0.0442 |
| Ocean Shore | 0.0293 |