Patriot Gold (PGOL) Asset Utilization Ratio (2019 - 2024)
Patriot Gold (PGOL) reported Asset Utilization Ratio of 0.29 for Q4 2024, down 46.93% on a YoY basis from 0.54 in Q1 2024, and down 26.49% quarter-over-quarter from 0.39 in Q3 2024.
Patriot Gold (PGOL) Asset Utilization Ratio (2019 - 2024) Analysis & Trends
Patriot Gold has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.29 in Q4 2024.
- For the quarter ending Q4 2024, Asset Utilization Ratio fell 46.93% year-over-year to 0.29; the trailing twelve-month figure through Dec 2024 stood at 0.29 (down 46.93% YoY), and the FY2023 full-year result was 0.51, up 14.89% from the prior year.
- Asset Utilization Ratio for Q4 2024 stood at 0.29, down from 0.39 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.05 in Q2 2020, with the low at 0.29 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 0.59 across 5 years, with a median of 0.5 in 2023.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio soared 180.67% — and 2024, when it plunged 46.93%.
- Patriot Gold's Asset Utilization Ratio stood at 0.81 in 2020, then slumped by 42.87% to 0.46 in 2021, then dropped by 5.14% to 0.44 in 2022, then gained by 22.45% to 0.54 in 2023, then slumped by 46.93% to 0.29 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.29 (Q4 2024), 0.39 (Q3 2024), and 0.51 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.26 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 0.24 |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 0.32 |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.63 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.43 |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 0.73 |
| 10 | Patriot Gold | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.46 |
| Sep 30, 2021 | 0.56 |
| Jun 30, 2021 | 0.69 |
| Mar 31, 2021 | 0.70 |
| Dec 31, 2020 | 0.81 |
| Sep 30, 2020 | 0.98 |
| Jun 30, 2020 | 1.05 |
| Mar 31, 2020 | 1.00 |