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
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
Sep 30, 2020 0.01
Jun 30, 2020 0.00