First Choice Healthcare Solutions (FCHS) Asset Utilization Ratio (2011 - 2023)
First Choice Healthcare Solutions' Asset Utilization Ratio came in at 0.06 for Q4 2023, down 62.7% from 0.17 a year earlier and down 30.0% from the prior quarter.
First Choice Healthcare Solutions (FCHS) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
For FY2023, First Choice Healthcare Solutions' Asset Utilization Ratio was 0.01, down 21.0% from FY2022.
- Going back by year, Asset Utilization Ratio was 0.01 in FY2022.
- The Q4 2023 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q3 2011.
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 86.1% over the last four quarters.
- Business Quant data shows FCHS's Asset Utilization Ratio at 0.09 (Q3 2023), 0.12 (Q2 2023) and 0.15 (Q1 2023) in the three quarters before Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 1.25 |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 0.76 |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 0.62 |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 0.70 |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 0.64 |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 0.84 |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 0.80 |
| 10 | First Choice Healthcare Solutions | 329,582.87 | 310,943.87 | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 1.76 |
| Jun 30, 2022 | 3.18 |
| Mar 31, 2022 | 1.65 |
| Sep 30, 2018 | 1.27 |
| Jun 30, 2018 | 1.22 |
| Mar 31, 2018 | 1.40 |
| Dec 31, 2017 | 1.30 |
| Sep 30, 2017 | 1.20 |
| Dec 31, 2016 | 1.27 |
| Sep 30, 2016 | 1.19 |
| Jun 30, 2016 | 1.10 |
| Mar 31, 2016 | 1.00 |
| Dec 31, 2015 | 0.92 |
| Sep 30, 2015 | 0.78 |
| Jun 30, 2015 | 0.48 |
First Choice Healthcare Solutions 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=FCHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FCHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FCHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();