XORTX Therapeutics (XRTX) Asset Utilization Ratio (2022 - 2023)

XORTX Therapeutics (XRTX) posted Asset Utilization Ratio of 0.8 for Q3 2023, up 22.53% on a QoQ basis from 0.65 in Q2 2023.

XORTX Therapeutics (XRTX) Asset Utilization Ratio (2022 - 2023) Analysis & Trends

XORTX Therapeutics' Asset Utilization Ratio history runs 2 years deep, the most recent figure standing at 0.8 for Q3 2023.

  • Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.8 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 0.8 (changed N/A YoY) and the FY2023 annual result came in at 0.22, up 68.18% from the prior year.
  • Asset Utilization Ratio was 0.8 for Q3 2023 at XORTX Therapeutics, up from 0.65 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.8 in Q3 2023 and bottomed at 0.49 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Oculis Holding AG 66,801.52 Bn 66,801.23 Bn - -
2 Nanobiotix 1,916.61 Bn 1,916.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.65 Bn 466.85 Bn 1.35 Bn 0.69
5 Vertex Pharmaceuticals 121.94 Bn 114.69 Bn 2.59 Bn 0.47
6 Regeneron Pharmaceuticals 69.85 Bn 61.09 Bn 3.31 Bn 0.37
7 Belite Bio 63.06 Bn 63.06 Bn - -
8 Argenx Se 55.74 Bn 50.56 Bn 1.41 Bn -
9 Revolution Medicines 37.48 Bn 37.48 Bn - -
10 XORTX Therapeutics 2.91 Bn 2.91 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 0.80
Jun 30, 2023 0.65
Mar 31, 2023 0.49
Dec 31, 2022 0.52