Gdev (GDEV) Asset Utilization Ratio (2021 - 2023)
Gdev's (GDEV) quarterly Asset Utilization Ratio came in at 2.26 in Q4 2023, up 26.36% year-over-year from 1.79 in Q4 2022, and up 13.36% quarter-over-quarter from 1.99 in Q3 2023.
Analysis
Gdev (GDEV) Asset Utilization Ratio (2021 - 2023) Analysis & Trends
Gdev (GDEV) has reported Asset Utilization Ratio for 3 consecutive years, with 2.26 the latest figure, recorded in Q4 2023.
- On a quarterly basis, Asset Utilization Ratio rose 26.36% year-over-year to 2.26 in Q4 2023; TTM through Dec 2023 was 2.26, a 26.36% increase from a year earlier, with the FY2025 full-year figure at 1.6, up 12.68% from the prior year.
- Asset Utilization Ratio was 2.26 for Q4 2023 at Gdev, up from 1.99 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.51 in Q2 2022 and troughed at 1.26 in Q1 2021.
- A 3-year average of 1.73 and a median of 1.57 in 2021 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 74.83% in 2022, down 16.82% in 2022.
- Over 3 years, Asset Utilization Ratio stood at 1.48 in 2021, then advanced by 20.88% to 1.79 in 2022, then rose by 26.36% to 2.26 in 2023.
- The last three Asset Utilization Ratio figures came in at 2.26 (Q4 2023), 1.99 (Q3 2023), and 1.79 (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 0.61 |
| 2 | Take Two Interactive Software | 39.35 Bn | 37.53 Bn | 882.50 Mn | 0.72 |
| 3 | Roblox | 31.91 Bn | 28.90 Bn | 1.18 Bn | 0.58 |
| 4 | NetEase | 13.75 Bn | 3.61 Bn | 3.13 Bn | 0.49 |
| 5 | The9 | 2.75 Bn | 2.75 Bn | 319,000.00 | 0.08 |
| 6 | Playtika Holding | 860.16 Mn | 421.66 Mn | 538.20 Mn | 0.81 |
| 7 | DoubleDown Interactive | 631.31 Mn | 77.55 Mn | 71.22 Mn | 0.35 |
| 8 | Gravity | 505.46 Mn | 505.03 Mn | 34,891.11 | 0.73 |
| 9 | Sohu.com | 381.86 Mn | -451.11 Mn | 133.81 Mn | 0.37 |
| 10 | Gdev | 213.22 Mn | 130.98 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 2.26 |
| Sep 30, 2023 | 1.99 |
| Dec 31, 2022 | 1.79 |
| Sep 30, 2022 | 1.30 |
| Jun 30, 2022 | 2.51 |
| Dec 31, 2021 | 1.48 |
| Sep 30, 2021 | 1.57 |
| Jun 30, 2021 | 1.43 |
| Mar 31, 2021 | 1.26 |