Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026)
Healthcare Triangle (HCTI) posted Asset Utilization Ratio of 0.39 for Q1 2026, down 48.72% sequentially from 0.76 in Q4 2025, and down 76.29% YoY from 1.64 in Q1 2025.
Healthcare Triangle (HCTI) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Healthcare Triangle has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.39 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 76.29% year-over-year to 0.39 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.39 (down 76.29% YoY) and the FY2025 annual result came in at 1.12, down 57.59% from the prior year.
- Asset Utilization Ratio fell to 0.39 in Q1 2026 per HCTI's latest filing, from 0.76 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 4.0 in Q1 2024 and troughed at 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.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio soared 69.89% in 2023, then tumbled 78.16% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 2.41 in 2022, then gained by 29.37% to 3.11 in 2023, then grew by 11.66% to 3.48 in 2024, then sank by 78.16% to 0.76 in 2025, then slumped by 48.72% to 0.39 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.39, 0.76, and 0.91 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.36 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 0.60 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.93 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.21 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.59 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 0.58 |
| 10 | Healthcare Triangle | 3.39 Mn | 1.40 Mn | 2.07 Mn | 0.33 |
Historic Data
Download 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 |