Mitesco (MITI) Asset Utilization Ratio (2012 - 2026)
Mitesco's Asset Utilization Ratio was 0.35 in Q2 2026, down 15.1% from 0.41 a year earlier but up 30.4% from the prior quarter.
Analysis
Mitesco (MITI) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Mitesco came in at 0.24, down 47.0% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.45 in FY2024 and 0.02 in FY2021.
- Quarterly Asset Utilization Ratio has moved between 0.00 (Q3 2021) and 0.55 (Q3 2024) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for four straight quarters, with growth averaging 29.2% over the last five quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2022 (growth of 626.1%); the worst was Q3 2021 (a decline of 90.5%).
- Per Business Quant data, MITI's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.27 (Q1 2026), 0.26 (Q4 2025) and 0.31 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 0.46 |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 0.45 |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 0.40 |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 0.24 |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 0.05 |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 0.11 |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 1.10 |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 0.67 |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 0.32 |
| 10 | Mitesco | 1.26 Mn | 1.15 Mn | - | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.55 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Sep 30, 2020 | 0.05 |
| Jun 30, 2020 | 0.13 |
API Access
Mitesco Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MITI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();