XBiotech (XBIT) Asset Utilization Ratio (2020 - 2023)
XBiotech (XBIT) posted Asset Utilization Ratio of 0.01 for Q3 2023, down 46.25% on a QoQ basis from 0.01 in Q2 2023, and down 77.22% year-over-year from 0.03 in Q3 2022.
Analysis
XBiotech (XBIT) Asset Utilization Ratio (2020 - 2023) Analysis & Trends
XBiotech has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.01 in Q3 2023.
- On a quarterly basis, Asset Utilization Ratio fell 77.22% year-over-year to 0.01 in Q3 2023; TTM through Sep 2023 was 0.01, a 77.22% decrease from a year earlier, with the FY2022 full-year figure at 0.02, down 73.7% from the prior year.
- Asset Utilization Ratio was 0.01 for Q3 2023 at XBiotech, down from 0.01 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.12 in Q4 2020, with the low at 0.01 in Q3 2023.
- Average Asset Utilization Ratio over 4 years is 0.06, with a median of 0.06 recorded in 2022.
- The sharpest annual moves came in 2021 and 2023: Asset Utilization Ratio soared 372.29% in 2021, then slumped 77.22% in 2023.
- Over 4 years, Asset Utilization Ratio stood at 0.12 in 2020, then sank by 46.7% to 0.07 in 2021, then sank by 52.14% to 0.03 in 2022, then plunged by 77.22% to 0.01 in 2023.
- The last three Asset Utilization Ratio figures came in at 0.01 (Q3 2023), 0.01 (Q2 2023), and 0.02 (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 211.73 Bn | 197.74 Bn | 7.24 Bn | 0.40 |
| 2 | Gilead Sciences | 180.92 Bn | 177.74 Bn | 6.22 Bn | 0.58 |
| 3 | Vertex Pharmaceuticals | 132.16 Bn | 124.30 Bn | 2.84 Bn | 0.47 |
| 4 | Regeneron Pharmaceuticals | 82.89 Bn | 74.90 Bn | 3.93 Bn | 0.38 |
| 5 | Argenx Se | 61.41 Bn | 56.23 Bn | 1.37 Bn | - |
| 6 | Moderna | 53.99 Bn | 48.85 Bn | 52.00 Mn | 0.20 |
| 7 | Alnylam Pharmaceuticals | 34.48 Bn | 31.18 Bn | 992.69 Mn | 0.90 |
| 8 | Biogen | 31.15 Bn | 29.86 Bn | 1.96 Bn | 0.33 |
| 9 | Roivant Sciences | 30.05 Bn | 30.05 Bn | 1.16 Mn | 0.00 |
| 10 | XBiotech | 66.16 Mn | 66.16 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.02 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.07 |
| Mar 31, 2021 | 0.10 |
| Dec 31, 2020 | 0.12 |
| Sep 30, 2020 | 0.11 |
| Jun 30, 2020 | 0.08 |
| Mar 31, 2020 | 0.02 |