Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026)
Healthcare Triangle's Asset Utilization Ratio came in at 0.33 for Q2 2026, down 62.9% from 0.90 a year earlier and down 14.3% from the prior quarter.
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Analysis
Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Healthcare Triangle's Asset Utilization Ratio was 1.12, down 57.6% from FY2024.
- Going back by year, Asset Utilization Ratio was 2.65 in FY2024 (-19.6%), 3.30 in FY2023 (+36.2%), 2.42 in FY2022 (+22.7%) and 1.97 in FY2021.
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q4 2021.
- Year-over-year, Asset Utilization Ratio has declined for six consecutive quarters, with an average decline of 47.9% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2023 (growth of 69.9%), and the weakest in Q4 2025 (a decline of 78.2%).
- Business Quant data shows HCTI's Asset Utilization Ratio at 0.39 (Q1 2026), 0.76 (Q4 2025) and 0.91 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 0.55 |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 0.33 |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 0.44 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 0.27 |
| 10 | Healthcare Triangle | 2.02 Mn | -13.54 Mn | 2.07 Mn | 0.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.91 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 1.64 |
| Dec 31, 2024 | 3.48 |
| Sep 30, 2024 | 3.07 |
| Jun 30, 2024 | 3.40 |
| Mar 31, 2024 | 4.00 |
| Dec 31, 2023 | 3.11 |
| Sep 30, 2023 | 2.45 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 2.78 |
| Dec 31, 2022 | 2.41 |
| Sep 30, 2022 | 1.85 |
| Jun 30, 2022 | 1.79 |
| Mar 31, 2022 | 1.64 |
| Dec 31, 2021 | 1.96 |
API Access
Healthcare Triangle 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=HCTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HCTI", "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=HCTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();