bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026)

bioAffinity Technologies (BIAF) posted quarterly Asset Utilization Ratio of 0.6 for Q1 2026, down 59.01% YoY from 1.46 in Q1 2025, and up 9.35% sequentially from 0.55 in Q4 2025.

bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

bioAffinity Technologies has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.6 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 59.01% year-over-year to 0.6; the TTM figure through Mar 2026 stood at 0.6 (down 59.01% YoY), while the FY2025 annual figure was 0.71, down 44.5% from the prior year.
  • Asset Utilization Ratio improved to 0.6 in Q1 2026, from 0.55 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for BIAF reached as high as 1.49 in Q2 2025 and fell as low as 0.0 in Q1 2023.
  • The 4-year median for Asset Utilization Ratio is 0.61 (2024), against an average of 0.75.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 119993.65% — and 2025, when it sank 61.79%.
  • A 4-year view of Asset Utilization Ratio shows it stood at 0.28 in 2023, then jumped by 420.91% to 1.43 in 2024, then slumped by 61.79% to 0.55 in 2025, then grew by 9.35% to 0.6 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.6, 0.55, and 0.83 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.25
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.40
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.30
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 1.32
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 1.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.56
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.56
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.67
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 1.11
10 bioAffinity Technologies 3.78 Mn 675,591.56 - 0.60

Historic Data

Download Data
DateValue
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