Ceva (CEVA) Asset Utilization Ratio (2011 - 2022)
Ceva (CEVA) reported Asset Utilization Ratio of 0.37 for Q4 2022, up 2.37% on a YoY basis from 0.36 in Q4 2021, and down 9.16% quarter-over-quarter from 0.41 in Q3 2022.
Ceva (CEVA) Asset Utilization Ratio (2011 - 2022) Analysis & Trends
Ceva has reported Asset Utilization Ratio for 12 years, with the latest figure at 0.37 in Q4 2022.
- For the quarter ending Q4 2022, Asset Utilization Ratio rose 2.37% year-over-year to 0.37; the trailing twelve-month figure through Dec 2022 stood at 0.37 (up 2.37% YoY), and the FY2023 full-year result was 0.32, down 15.97% from the prior year.
- Asset Utilization Ratio for Q4 2022 stood at 0.37, down from 0.41 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.41 in Q3 2022, with the low at 0.27 in Q2 2019.
- Historically, Asset Utilization Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2020.
- Annual changes were most pronounced in 2018 — Asset Utilization Ratio slipped 14.7% — and 2020, when it gained 22.22%.
- Ceva's Asset Utilization Ratio stood at 0.28 in 2018, then climbed by 4.63% to 0.29 in 2019, then increased by 11.79% to 0.33 in 2020, then grew by 9.39% to 0.36 in 2021, then rose by 2.37% to 0.37 in 2022.
- The last three Asset Utilization Ratio figures came in at 0.37 (Q4 2022), 0.41 (Q3 2022), and 0.37 (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 1.09 |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 0.40 |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 0.62 |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 0.14 |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 0.48 |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | 0.26 |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 0.53 |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 0.35 |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 0.64 |
| 10 | Ceva | 1.26 Bn | 1.26 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.37 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.37 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.37 |
| Jun 30, 2021 | 0.34 |
| Dec 31, 2020 | 0.33 |
| Sep 30, 2020 | 0.34 |
| Jun 30, 2020 | 0.33 |
| Mar 31, 2020 | 0.32 |
| Dec 31, 2019 | 0.29 |
| Sep 30, 2019 | 0.28 |
| Jun 30, 2019 | 0.27 |
| Mar 31, 2019 | 0.27 |
| Dec 31, 2018 | 0.28 |
| Sep 30, 2018 | 0.28 |
| Jun 30, 2018 | 0.29 |
| Mar 31, 2018 | 0.30 |
| Dec 31, 2017 | 0.32 |
| Sep 30, 2017 | 0.33 |