BitVentures (BVC) Asset Utilization Ratio (2021 - 2023)

BitVentures' (BVC) quarterly Asset Utilization Ratio came in at 1.41 in Q2 2023, little changed year-on-year from 1.42 in Q2 2022, and little changed on a QoQ basis from 1.42 in Q2 2022.

BitVentures (BVC) Asset Utilization Ratio (2021 - 2023) Analysis & Trends

BitVentures (BVC) has 3 years of Asset Utilization Ratio data on file, last reported at 1.41 in Q2 2023.

  • On a quarterly basis, Asset Utilization Ratio changed 0.46% year-over-year to 1.41 in Q2 2023; TTM through Jun 2023 was 1.41, a 0.46% change from a year earlier, with the FY2024 full-year figure at 2.57, up 2137.86% from the prior year.
  • Asset Utilization Ratio for Q2 2023 stood at 1.41, roughly flat from 1.42 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for BVC reached as high as 1.42 in Q2 2022 and fell as low as 1.16 in Q2 2021.
  • Historically, Asset Utilization Ratio has averaged 1.33 across 3 years, with a median of 1.41 in 2023.
  • Across the five-year window, Asset Utilization Ratio climbed 21.88% in 2022 and decreased 0.46% in 2023, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 1.16 in 2021, then grew by 21.88% to 1.42 in 2022, then retreated by 0.46% to 1.41 in 2023.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.41 in Q2 2023, 1.42 in Q2 2022, and 1.16 in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.51
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 0.84
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.88
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.39
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.53
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.29
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.57
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.50
10 BitVentures 1.03 Mn 1.03 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 1.41
Jun 30, 2022 1.42
Jun 30, 2021 1.16