bioAffinity Technologies (BIAFW) Asset Utilization Ratio (2023 - 2026)
bioAffinity Technologies (BIAFW) 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 (BIAFW) 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 BIAFW 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 | - | - | - | 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 |