TON Strategy (TONX) Asset Utilization Ratio (2018 - 2026)
TON Strategy's (TONX) Asset Utilization Ratio was 0.05 for Q1 2026, down 59.4% from 0.11 a year earlier but up 91.7% from the prior quarter.
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Analysis
TON Strategy (TONX) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at TON Strategy was 0.06, up 4.1% from FY2024.
- By year, Asset Utilization Ratio came in at 0.06 in FY2024, 0.00 in FY2023, 0.00 in FY2022 (-99.9%) and 0.31 in FY2021 (-4.0%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.00 in Q2 2023 and a high of 0.30 in Q4 2021.
- Year over year, Asset Utilization Ratio gained in four of the last six quarters, with growth averaging 213.4%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2024 (growth of 565.9%); the low point was Q2 2023 (a decline of 99.7%).
- Per Business Quant data, the three quarters before Q1 2026 came in at 0.02 (Q4 2025), 0.02 (Q3 2025) and 0.20 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | 0.23 |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 0.42 |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 0.63 |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | 0.06 |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 0.18 |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 0.26 |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 0.16 |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | 0.01 |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 0.58 |
| 10 | TON Strategy | 223.30 Mn | 84.39 Mn | 3.96 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.25 |
API Access
TON Strategy 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=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TONX", "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=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();