Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026)
Healthcare Triangle (HCTI) reported Asset Utilization Ratio of 0.39 for Q1 2026, down 76.29% on a YoY basis from 1.64 in Q1 2025, and down 48.72% sequentially from 0.76 in Q4 2025.
Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Healthcare Triangle (HCTI) has 6 years of Asset Utilization Ratio data on file, last reported at 0.39 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 76.29% year-over-year to 0.39; the trailing twelve-month figure through Mar 2026 stood at 0.39 (down 76.29% YoY), and the FY2025 full-year result was 1.12, down 57.59% from the prior year.
- Asset Utilization Ratio fell to 0.39 in Q1 2026, from 0.76 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 4.0 in Q1 2024 to a low of 0.39 in Q1 2026.
- A 5-year average of 2.17 and a median of 2.38 in 2023 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio jumped 69.89% in 2023 and sank 78.16% in 2025, its largest moves.
- Tracing HCTI's Asset Utilization Ratio over 5 years: stood at 2.41 in 2022, then grew by 29.37% to 3.11 in 2023, then gained by 11.66% to 3.48 in 2024, then slumped by 78.16% to 0.76 in 2025, then tumbled by 48.72% to 0.39 in 2026.
- Business Quant data shows HCTI's Asset Utilization Ratio at 0.39 in Q1 2026, 0.76 in Q4 2025, and 0.91 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | 0.62 |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 0.20 |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 0.57 |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | 1.61 |
| 10 | Healthcare Triangle | 1.57 Mn | -2.75 Mn | 2.39 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |