Thunder Mountain Gold (THMG) Asset Utilization Ratio (2011 - 2023)
Thunder Mountain Gold's (THMG) Asset Utilization Ratio stood at 0.05 in Q3 2023, down 64.4% from 0.15 a year earlier and down 48.4% from the prior quarter.
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Analysis
Thunder Mountain Gold (THMG) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
For FY2022, Thunder Mountain Gold's Asset Utilization Ratio came in at 0.13, down 47.5% from FY2021.
- Across earlier years, Asset Utilization Ratio came in at 0.24 in FY2021 (+31.1%) and 0.19 in FY2020.
- The Q3 2023 figure is the lowest quarterly Asset Utilization Ratio since Q2 2018.
- On a year-over-year basis, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 19.4% over the last six quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 79.0% in Q4 2021, against a decline of 83.7% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.10 (Q2 2023), 0.14 (Q1 2023) and 0.17 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 0.69 |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 0.45 |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 0.40 |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | 0.64 |
| 10 | Thunder Mountain Gold | 69.04 Mn | 61.86 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.26 |
| Mar 31, 2021 | 0.23 |
| Dec 31, 2020 | 0.15 |
| Sep 30, 2020 | 0.24 |
| Jun 30, 2020 | 0.26 |
| Mar 31, 2020 | 1.08 |
| Dec 31, 2019 | 0.90 |
| Sep 30, 2019 | 0.75 |
| Jun 30, 2019 | 1.01 |
| Dec 31, 2018 | 0.00 |
| Sep 30, 2018 | 0.00 |
| Jun 30, 2018 | 0.00 |
| Jun 30, 2014 | 0.01 |
API Access
Thunder Mountain Gold 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=THMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "THMG", "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=THMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();