bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026)
bioAffinity Technologies (BIAF) reported Asset Utilization Ratio of 0.6 for Q1 2026, down 59.01% year-over-year from 1.46 in Q1 2025, and up 9.35% quarter-over-quarter from 0.55 in Q4 2025.
bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
bioAffinity Technologies (BIAF) has 4 years of Asset Utilization Ratio data on file, last reported at 0.6 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.6, down 59.01% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.6 (down 59.01% YoY), and the FY2025 annual result was 0.71, down 44.5% from the prior year.
- Asset Utilization Ratio advanced to 0.6 in Q1 2026 per BIAF's latest filing, from 0.55 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.49 in Q2 2025 and troughed at 0.0 in Q1 2023.
- A 4-year average of 0.75 and a median of 0.61 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio soared 119993.65% in 2024, then tumbled 61.79% in 2025.
- 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 plunged by 61.79% to 0.55 in 2025, then grew by 9.35% to 0.6 in 2026.
- Business Quant data shows BIAF's Asset Utilization Ratio at 0.6 in Q1 2026, 0.55 in Q4 2025, and 0.83 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 1.32 |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 0.56 |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 1.00 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 1.11 |
| 10 | bioAffinity Technologies | 2.08 Mn | -1.02 Mn | - | 0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |