GBT Technologies Inc. (GTCH) Asset Utilization Ratio (2011 - 2023)
GBT Technologies' (GTCH) quarterly Asset Utilization Ratio came in at 1.17 in Q3 2023, up 31.32% YoY from 0.89 in Q3 2022, and up 9.69% on a QoQ basis from 1.07 in Q2 2023.
GBT Technologies Inc. (GTCH) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
GBT Technologies (GTCH) has 11 years of Asset Utilization Ratio data on file, last reported at 1.17 in Q3 2023.
- Quarterly Asset Utilization Ratio rose 31.32% year-over-year to 1.17 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 1.17 (up 31.32% YoY) and the FY2022 annual result came in at 0.04, down 40.95% from the prior year.
- Asset Utilization Ratio advanced to 1.17 in Q3 2023, from 1.07 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.62 in Q1 2023 to a low of 0.31 in Q1 2019.
- A 5-year average of 0.41 and a median of 0.09 in 2020 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2019 — Asset Utilization Ratio sank 143.02% — and 2022, when it surged 1977.99%.
- Tracing GTCH's Asset Utilization Ratio over 5 years: stood at 0.23 in 2019, then surged by 161.58% to 0.14 in 2020, then slumped by 64.3% 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.
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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 |
| Jun 30, 2021 | 0.05 |
| Mar 31, 2021 | 0.06 |
| Dec 31, 2020 | 0.14 |
| Sep 30, 2020 | 0.09 |
| Jun 30, 2020 | 0.05 |
| Mar 31, 2020 | 0.04 |
| Jun 30, 2019 | -0.23 |
| Mar 31, 2019 | -0.31 |
| Dec 31, 2018 | -0.04 |
| Sep 30, 2018 | 0.55 |
| Jun 30, 2018 | 0.61 |