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% 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 reported Asset Utilization Ratio for 4 consecutive years, with 0.6 the latest figure, recorded in 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 rose to 0.6 in Q1 2026 per BIAF's latest filing, from 0.55 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.49 in Q2 2025 and bottomed at 0.0 in Q1 2023.
- Historically, Asset Utilization Ratio has averaged 0.75 across 4 years, with a median of 0.61 in 2024.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 119993.65% — and 2025, when it tumbled 61.79%.
- bioAffinity Technologies' Asset Utilization Ratio stood at 0.28 in 2023, then surged by 420.91% to 1.43 in 2024, then sank by 61.79% to 0.55 in 2025, then increased 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 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 0.29 |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 1.03 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 0.57 |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 1.33 |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 1.13 |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 0.76 |
| 10 | bioAffinity Technologies | 1.78 Mn | -649,139.45 | - | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |