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

BitVentures (BVC) posted quarterly Asset Utilization Ratio of 1.41 for Q2 2023, little changed year-over-year from 1.42 in Q2 2022, and little changed quarter-over-quarter from 1.42 in Q2 2022.

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

BitVentures (BVC) has reported Asset Utilization Ratio for 3 consecutive years, with 1.41 the latest figure, recorded in Q2 2023.

  • In Q2 2023, Asset Utilization Ratio changed 0.46% year-over-year to 1.41; the TTM figure through Jun 2023 stood at 1.41 (changed 0.46% YoY), while the FY2024 annual figure was 2.57, up 2137.86% from the prior year.
  • Asset Utilization Ratio steadied at 1.41 in Q2 2023 per BVC's latest filing, from 1.42 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.42 in Q2 2022 and bottomed at 1.16 in Q2 2021.
  • Historically, Asset Utilization Ratio has averaged 1.33 across 3 years, with a median of 1.41 in 2023.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio increased 21.88% — and 2023, when it dropped 0.46%.
  • BitVentures' Asset Utilization Ratio stood at 1.16 in 2021, then advanced by 21.88% to 1.42 in 2022, then declined by 0.46% to 1.41 in 2023.
  • Business Quant data shows BVC's Asset Utilization Ratio at 1.41 in Q2 2023, 1.42 in Q2 2022, and 1.16 in Q2 2021.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.52
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 0.93
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.39
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 0.88
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.53
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.57
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.34
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.85
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.57
10 BitVentures 67.11 Mn 67.11 Mn - -

Historic Data

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