First Choice Healthcare Solutions (FCHS) Asset Utilization Ratio (2011 - 2023)
First Choice Healthcare Solutions (FCHS) posted Asset Utilization Ratio of 0.06 for Q4 2023, down 30.02% sequentially from 0.09 in Q3 2023, and down 62.69% YoY from 0.17 in Q4 2022.
First Choice Healthcare Solutions (FCHS) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
First Choice Healthcare Solutions has reported Asset Utilization Ratio for 10 years, with the latest figure at 0.06 in Q4 2023.
- Quarterly Asset Utilization Ratio fell 62.69% year-over-year to 0.06 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.06 (down 62.69% YoY) and the FY2023 annual result came in at 0.01, down 20.98% from the prior year.
- Asset Utilization Ratio retreated to 0.06 in Q4 2023 per FCHS's latest filing, from 0.09 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 3.18 in Q2 2022 and troughed at 0.06 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 1.25 |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 0.70 |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 0.84 |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 0.80 |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 0.97 |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 1.15 |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 0.98 |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 1.67 |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 0.78 |
| 10 | First Choice Healthcare Solutions | 329,582.87 | 325,723.87 | - | - |
Historic Data
Download 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 | 1.37 |
| Dec 31, 2017 | 1.25 |
| Sep 30, 2017 | 1.20 |
| Dec 31, 2016 | 1.29 |
| Sep 30, 2016 | 1.33 |
| Jun 30, 2016 | 1.26 |
| Mar 31, 2016 | 1.17 |
| Dec 31, 2015 | 1.11 |
| Sep 30, 2015 | 0.82 |
| Jun 30, 2015 | 0.50 |