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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 0.47 |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 0.38 |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 0.20 |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 0.69 |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 0.90 |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 0.13 |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 0.54 |
| 10 | Summit Therapeutics | 13.67 Bn | 12.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |