XBiotech XBIT
NASDAQ XBIT
$2.18 +0.03 (+1.40%)
At close: Sep 29, 2026 · 4:00 PM EDT

XBiotech (XBIT) Asset Utilization Ratio (2020 - 2023)

Updated

XBiotech's (XBIT) Asset Utilization Ratio came in at 0.01 for Q3 2023, down 77.2% from 0.03 a year earlier and down 46.3% from the prior quarter.

Analysis

XBiotech (XBIT) Asset Utilization Ratio (2020 - 2023) Analysis & Trends

For FY2022, XBiotech's Asset Utilization Ratio stood at 0.02, down 73.7% from FY2021.

  • In prior years, XBiotech's Asset Utilization Ratio was 0.06 in FY2021 (-22.2%) and 0.08 in FY2020.
  • The Q3 2023 figure stands as the lowest quarterly Asset Utilization Ratio in data going back to Q1 2020.
  • On a year-over-year basis, Asset Utilization Ratio has declined in each of the last three quarters, with an average decline of 57.3% over the last seven quarters.
  • The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2021, with growth of 372.3%; the weakest was Q3 2023, with a decline of 77.2%.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Johnson & Johnson 655.56 Bn 574.09 Bn 17.26 Bn 0.49
2 AbbVie 470.94 Bn 444.10 Bn 12.70 Bn 0.47
3 Merck 367.14 Bn 321.57 Bn 12.21 Bn 0.52
4 Novartis Ag 280.33 Bn 236.20 Bn 11.24 Bn 0.44
5 Astrazeneca 257.78 Bn 231.34 Bn 12.86 Bn 0.53
6 Amgen 226.04 Bn 181.44 Bn 7.24 Bn 0.40
7 Gilead Sciences 188.89 Bn 163.01 Bn 6.22 Bn 0.58
8 Pfizer 163.75 Bn 110.70 Bn 10.94 Bn 0.31
9 Vertex Pharmaceuticals 133.68 Bn 105.69 Bn 2.84 Bn 0.47
10 XBiotech 65.55 Mn 65.55 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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
API Access

XBiotech 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=XBIT&period=max&api_key=YOUR_API_KEY