GBT Technologies (GTCH) Asset Utilization Ratio (2011 - 2023)
GBT Technologies (GTCH) reported Asset Utilization Ratio of 1.17 for Q3 2023, up 31.32% on a YoY basis from 0.89 in Q3 2022, and up 9.69% quarter-over-quarter from 1.07 in Q2 2023.
GBT Technologies (GTCH) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
GBT Technologies has reported Asset Utilization Ratio for 11 years, with the latest figure at 1.17 in Q3 2023.
- For the quarter ending Q3 2023, Asset Utilization Ratio rose 31.32% year-over-year to 1.17; the trailing twelve-month figure through Sep 2023 stood at 1.17 (up 31.32% YoY), and the FY2022 full-year result was 0.04, down 40.95% from the prior year.
- Asset Utilization Ratio for Q3 2023 stood at 1.17, up from 1.07 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 6.8 in Q4 2020, with the low at 0.05 in Q4 2021.
- Historically, Asset Utilization Ratio has averaged 1.54 across 5 years, with a median of 1.07 in 2022.
- Annual changes were most pronounced in 2021 — Asset Utilization Ratio tumbled 99.24% — and 2022, when it surged 1977.99%.
- GBT Technologies' Asset Utilization Ratio stood at 0.13 in 2019, then soared by 4987.24% to 6.8 in 2020, then plunged by 99.24% to 0.05 in 2021, then surged by 1977.99% to 1.07 in 2022, then grew by 9.66% to 1.17 in 2023.
- The last three Asset Utilization Ratio figures came in at 1.17 (Q3 2023), 1.07 (Q2 2023), and 1.62 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 0.45 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 0.66 |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 1.09 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 1.04 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 0.30 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 0.84 |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 1.41 |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 1.20 |
| 10 | GBT Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 1.17 |
| Jun 30, 2023 | 1.07 |
| Mar 31, 2023 | 1.62 |
| Dec 31, 2022 | 1.07 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.06 |
| Mar 31, 2021 | 1.40 |
| Dec 31, 2020 | 6.80 |
| Sep 30, 2020 | 4.53 |
| Jun 30, 2020 | 2.30 |
| Mar 31, 2020 | 1.90 |
| Jun 30, 2019 | 0.13 |
| Mar 31, 2019 | 0.47 |
| Dec 31, 2018 | 0.81 |
| Sep 30, 2018 | 2.02 |
| Jun 30, 2018 | 2.32 |
| Mar 31, 2018 | 1.53 |