Greater Cannabis Company (GCAN) Asset Utilization Ratio (2018 - 2021)
Greater Cannabis Company (GCAN) recorded quarterly Asset Utilization Ratio of 0.03 in Q4 2021, up 21.12% quarter-over-quarter from 0.02 in Q3 2021, and down 89.24% on a YoY basis from 0.26 in Q4 2020.
Greater Cannabis Company (GCAN) Asset Utilization Ratio (2018 - 2021) Analysis & Trends
Greater Cannabis Company's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.03 for Q4 2021.
- In Q4 2021, Asset Utilization Ratio fell 89.24% year-over-year to 0.03; the TTM figure through Dec 2021 stood at 0.03 (down 89.24% YoY), while the FY2021 annual figure was 0.04, down 89.32% from the prior year.
- Asset Utilization Ratio was 0.03 for Q4 2021 at Greater Cannabis Company, up from 0.02 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.57 in Q4 2018 to a low of 0.02 in Q3 2021.
- Historically, Asset Utilization Ratio has averaged 0.21 across 4 years, with a median of 0.19 in 2020.
- The sharpest annual moves came in 2020 and 2021: Asset Utilization Ratio retreated 16.43% in 2020, then slumped 89.24% in 2021.
- A 4-year view of Asset Utilization Ratio shows it stood at 0.57 in 2018, then plunged by 45.81% to 0.31 in 2019, then retreated by 16.43% to 0.26 in 2020, then plunged by 89.24% to 0.03 in 2021.
- The last three Asset Utilization Ratio figures came in at 0.03 (Q4 2021), 0.02 (Q3 2021), and 0.13 (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 0.43 |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 0.62 |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 0.43 |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 0.48 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 0.65 |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 0.37 |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 0.36 |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 0.68 |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 1.07 |
| 10 | Greater Cannabis Company | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.13 |
| Dec 31, 2020 | 0.26 |
| Sep 30, 2020 | 0.21 |
| Jun 30, 2020 | 0.17 |
| Dec 31, 2019 | 0.31 |
| Dec 31, 2018 | 0.57 |