Summit Therapeutics (SMMT) Asset Utilization Ratio (2020 - 2023)
Summit Therapeutics (SMMT) reported Asset Utilization Ratio of 0.0 for Q2 2023, down 95.36% on a YoY basis from 0.02 in Q2 2022, and down 9.73% quarter-over-quarter from 0.0 in Q1 2023.
Summit Therapeutics (SMMT) Asset Utilization Ratio (2020 - 2023) Analysis & Trends
Summit Therapeutics has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.0 in Q2 2023.
- For the quarter ending Q2 2023, Asset Utilization Ratio fell 95.36% year-over-year to 0.0; the trailing twelve-month figure through Jun 2023 stood at 0.0 (down 95.36% YoY), and the FY2022 full-year result was 0.0, down 89.18% from the prior year.
- Asset Utilization Ratio for Q2 2023 stood at 0.0, down from 0.0 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.02 in Q2 2022, with the low at 0.0 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.01 across 4 years, with a median of 0.01 in 2022.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 348.67% — and 2023, when it plunged 95.36%.
- Summit Therapeutics' Asset Utilization Ratio 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 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | 0.55 |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | - |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | 0.60 |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | - |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | 1,422.00 |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 0.47 |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | - |
| 10 | Summit Therapeutics | 10.09 Bn | 9.99 Bn | - | - |
Historic Data
Download 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 |
| Sep 30, 2020 | 0.01 |
| Jun 30, 2020 | 0.00 |