Summit Therapeutics (SMMT) Asset Utilization Ratio (2020 - 2023)

Summit Therapeutics' (SMMT) quarterly Asset Utilization Ratio came in at 0.0 in Q2 2023, down 95.36% YoY from 0.02 in Q2 2022, and down 9.73% on a QoQ basis from 0.0 in Q1 2023.

Summit Therapeutics (SMMT) Asset Utilization Ratio (2020 - 2023) Analysis & Trends

Summit Therapeutics (SMMT) has 4 years of Asset Utilization Ratio data on file, last reported at 0.0 in Q2 2023.

  • Quarterly Asset Utilization Ratio fell 95.36% year-over-year to 0.0 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.0 (down 95.36% YoY) and the FY2022 annual result came in at 0.0, down 89.18% from the prior year.
  • Asset Utilization Ratio retreated to 0.0 in Q2 2023, from 0.0 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.02 in Q2 2022 to a low of 0.0 in Q2 2023.
  • A 4-year average of 0.01 and a median of 0.01 in 2022 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 348.67% — and 2023, when it plunged 95.36%.
  • Tracing SMMT's Asset Utilization Ratio over 4 years: stood at 0.01 in 2020, then soared by 38.49% to 0.01 in 2021, then tumbled by 88.49% to 0.0 in 2022, then tumbled by 48.05% to 0.0 in 2023.
  • The last three Asset Utilization Ratio figures came in at 0.0 (Q2 2023), 0.0 (Q1 2023), and 0.0 (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 0.47
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 0.38
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 0.69
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 186.67
7 Royalty Pharma 33.72 Bn 35.84 Bn - 0.13
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 0.90
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 0.54
10 Summit Therapeutics 10.59 Bn 9.90 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.01
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.00
Mar 31, 2021 0.01
Dec 31, 2020 0.01