Matinas BioPharma Holdings (MTNB) Asset Utilization Ratio (2015 - 2023)

Matinas BioPharma Holdings (MTNB) reported Asset Utilization Ratio of 0.04 for Q4 2023, down 42.17% year-over-year from 0.07 in Q4 2022, and down 40.99% quarter-over-quarter from 0.07 in Q3 2023.

Matinas BioPharma Holdings (MTNB) Asset Utilization Ratio (2015 - 2023) Analysis & Trends

Matinas BioPharma Holdings (MTNB) has 9 years of Asset Utilization Ratio data on file, last reported at 0.04 in Q4 2023.

  • Asset Utilization Ratio for Q4 2023 came in at 0.04, down 42.17% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.04 (down 42.17% YoY), and the FY2023 annual result was 0.03, down 47.81% from the prior year.
  • Asset Utilization Ratio fell to 0.04 in Q4 2023 per MTNB's latest filing, from 0.07 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.09 in Q2 2023 and troughed at 0.0 in Q3 2021.
  • A 5-year average of 0.03 and a median of 0.0 in 2020 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio tumbled 117.86% in 2021, then surged 13323.09% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.0 in 2019, then tumbled by 78.56% to 0.0 in 2020, then increased by 13.61% to 0.0 in 2021, then jumped by 13323.09% to 0.07 in 2022, then tumbled by 42.17% to 0.04 in 2023.
  • Business Quant data shows MTNB's Asset Utilization Ratio at 0.04 in Q4 2023, 0.07 in Q3 2023, and 0.09 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 0.55
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.60
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 1,422.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 0.47
9 Abivax 91.96 Bn 91.96 Bn - -
10 Matinas BioPharma Holdings 4.60 Mn 2.15 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.04
Sep 30, 2023 0.07
Jun 30, 2023 0.09
Mar 31, 2023 0.09
Dec 31, 2022 0.07
Sep 30, 2022 0.04
Jun 30, 2022 0.02
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 0.00
Dec 31, 2020 0.00
Sep 30, 2020 0.00
Dec 31, 2019 0.00
Sep 30, 2019 0.00
Jun 30, 2019 0.00
Dec 31, 2018 0.01
Sep 30, 2018 0.01
Jun 30, 2018 0.02
Mar 31, 2018 0.01