Stablecoin Development (SDEV) Asset Utilization Ratio (2011 - 2026)
Stablecoin Development's (SDEV) Asset Utilization Ratio stood at 0.03 in Q2 2026, down 97.1% from 1.17 a year earlier but up 6.9% from the prior quarter.
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Analysis
Stablecoin Development (SDEV) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2024, Stablecoin Development's Asset Utilization Ratio came in at 1.57, up 91.0% from FY2023.
- Annual Asset Utilization Ratio has increased for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.82 in FY2023 (+15.2%), 0.71 in FY2022 (+37.1%), 0.52 in FY2021 (-30.7%) and 0.75 in FY2020 (+17.1%).
- Quarterly Asset Utilization Ratio has ranged from 0.03 in Q1 2026 to 4.06 in Q4 2024 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in four of the last seven quarters, with growth averaging 33.8%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 324.7% in Q4 2024, against a decline of 98.3% in Q1 2026 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 0.16 |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 0.33 |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | 0.15 |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 0.05 |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 0.30 |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 0.07 |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | 0.00 |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 0.26 |
| 10 | Stablecoin Development | 27.64 Mn | -8.00 Mn | - | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.03 |
| Sep 30, 2025 | 1.98 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 1.83 |
| Dec 31, 2024 | 4.06 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 2.07 |
| Mar 31, 2024 | 1.49 |
| Dec 31, 2023 | 0.96 |
| Sep 30, 2023 | 0.83 |
| Jun 30, 2023 | 0.87 |
| Mar 31, 2023 | 0.86 |
| Dec 31, 2022 | 0.74 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.63 |
| Jun 30, 2021 | 0.58 |
API Access
Stablecoin Development 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=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SDEV", "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=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();