BioNexus Gene Lab (BGLC) Asset Utilization Ratio (2019 - 2026)
BioNexus Gene Lab's Asset Utilization Ratio came in at 0.35 for Q2 2026, down 65.2% from 1.01 a year earlier and down 39.4% from the prior quarter.
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Analysis
BioNexus Gene Lab (BGLC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025, BioNexus Gene Lab's Asset Utilization Ratio was 0.75, down 13.4% from FY2024.
- Asset Utilization Ratio has declined in each of the last five years.
- Going back by year, Asset Utilization Ratio was 0.87 in FY2024 (-10.2%), 0.97 in FY2023 (-18.7%), 1.19 in FY2022 (-12.1%) and 1.36 in FY2021 (-32.4%).
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q4 2019.
- Year-over-year, Asset Utilization Ratio has declined for three consecutive quarters, with an average decline of 7.3% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2025 (growth of 32.8%), and the weakest in Q3 2021 (a decline of 79.0%).
- Business Quant data shows BGLC's Asset Utilization Ratio at 0.58 (Q1 2026), 0.88 (Q4 2025) and 1.11 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 1.97 |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 1.67 |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 1.77 |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 0.50 |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.44 |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 1.44 |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 1.66 |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 1.50 |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 0.56 |
| 10 | BioNexus Gene Lab | 2.41 Mn | -4.96 Mn | 12,982.00 | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.88 |
| Sep 30, 2025 | 1.11 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 0.89 |
| Sep 30, 2024 | 0.84 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 1.07 |
| Jun 30, 2023 | 1.29 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.32 |
| Sep 30, 2022 | 1.40 |
| Jun 30, 2022 | 1.41 |
| Mar 31, 2022 | 1.38 |
| Dec 31, 2021 | 1.38 |
| Sep 30, 2021 | 1.48 |
API Access
BioNexus Gene Lab 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=BGLC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BGLC", "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=BGLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();