Netcapital (NCPL) Asset Utilization Ratio (2014 - 2026)
Netcapital's Asset Utilization Ratio was 0.03 in fiscal Q3 2026 (quarter ended Jan 31, 2026), up 44.6% from 0.02 a year earlier but down 3.0% from the prior quarter.
Netcapital (NCPL) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
From fiscal Q4 2014 onward, Netcapital has reported Asset Utilization Ratio for 42 quarters.
- In earlier fiscal years, Asset Utilization Ratio was 0.12 in FY2024 (-48.6%), 0.23 in FY2023 (+21.1%), 0.19 in FY2022 (-43.6%) and 0.34 in FY2021 (-71.7%).
- Quarterly Asset Utilization Ratio has moved between 0.02 (fiscal Q3 2025) and 0.21 (fiscal Q4 2023) over five years.
- Compared with a year earlier, Asset Utilization Ratio was higher in 1 of the last eight quarters, with an average decline of 48.2%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q3 2026 (growth of 44.6%); the worst was fiscal Q3 2025 (a decline of 88.6%).
- Per Business Quant data, NCPL's Asset Utilization Ratio in the three fiscal quarters before Q3 2026 was 0.03 (Q2 2026), 0.04 (Q1 2026) and 0.03 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 0.10 |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 0.04 |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 0.03 |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 0.08 |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 0.32 |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 0.04 |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 0.03 |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 0.03 |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 0.47 |
| 10 | Netcapital | 6.06 Mn | 6.06 Mn | 92,524.00 | 0.03 |
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 0.03 |
| Oct 31, 2025 | 0.03 |
| Jul 31, 2025 | 0.04 |
| Apr 30, 2025 | 0.03 |
| Jan 31, 2025 | 0.02 |
| Oct 31, 2024 | 0.04 |
| Jul 31, 2024 | 0.09 |
| Apr 30, 2024 | 0.12 |
| Jan 31, 2024 | 0.17 |
| Oct 31, 2023 | 0.20 |
| Jul 31, 2023 | 0.20 |
| Apr 30, 2023 | 0.21 |
| Jan 31, 2023 | 0.19 |
| Oct 31, 2022 | 0.20 |
| Jul 31, 2022 | 0.19 |
| Apr 30, 2022 | 0.18 |
| Jan 31, 2022 | 0.16 |
| Oct 31, 2021 | 0.14 |
| Jul 31, 2021 | 0.13 |
| Apr 30, 2021 | 0.21 |
Netcapital 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=NCPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NCPL", "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=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();