bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026)
bioAffinity Technologies' (BIAF) Asset Utilization Ratio was 0.73 for Q3 2026, down 12.4% from 0.83 a year earlier and down 4.0% from the prior quarter.
bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at bioAffinity Technologies was 0.71, down 44.5% from FY2024.
- By year, Asset Utilization Ratio came in at 1.27 in FY2024 (+411.9%), 0.25 in FY2023 and 0.00 in FY2022.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.00 in Q1 2023 and a high of 1.49 in Q2 2025.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with growth averaging 48.5% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2024 (growth of 420.9%); the low point was Q4 2025 (a decline of 61.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.76 (Q2 2026), 0.60 (Q1 2026) and 0.55 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 1.24 |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | 1.08 |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 0.78 |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 0.69 |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | 0.67 |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 2.49 |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 0.84 |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | 0.63 |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 0.80 |
| 10 | bioAffinity Technologies | 1.97 Mn | -12.61 Mn | -43,896.00 | 0.73 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.73 |
| Jun 30, 2026 | 0.76 |
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 1.49 |
| Mar 31, 2025 | 1.46 |
| Dec 31, 2024 | 1.43 |
| Sep 30, 2024 | 1.42 |
| Jun 30, 2024 | 0.99 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.00 |
bioAffinity Technologies 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=BIAF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BIAF", "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=BIAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();