bioAffinity Technologies BIAF
NASDAQ BIAF
$2.20 -0.14 (-5.98%)
At close: Nov 13, 2026 · 4:00 PM EST

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

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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