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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

HeartCore Enterprises (HTCR) Asset Utilization Ratio (2022 - 2026)

HeartCore Enterprises posted quarterly Asset Utilization Ratio of 0.88 for Q1 2026, down 55.44% year-on-year from 1.97 in Q1 2025, and down 1.37% on a QoQ basis from 0.89 in Q4 2025.

HeartCore Enterprises (HTCR) has 5 years of Asset Utilization Ratio data on file, last reported at 0.88 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 55.44% year-over-year to 0.88; the trailing twelve-month figure through Mar 2026 stood at 0.88 (down 55.44% YoY), and the FY2025 full-year result was 0.66, down 50.87% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.88, down from 0.89 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 2.06 in Q2 2025 and bottomed at 0.56 in Q2 2022.
  • The 5-year median for Asset Utilization Ratio is 0.87 (2024), against an average of 0.99.
  • The widest annual swing landed in 2025, when Asset Utilization Ratio surged 179.41%; it then slumped 55.44% in 2026.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.71 in 2022, then soared by 50.02% to 1.07 in 2023, then grew by 27.08% to 1.36 in 2024, then plunged by 34.46% to 0.89 in 2025, then slipped by 1.37% to 0.88 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.88 (Q1 2026), 0.89 (Q4 2025), and 0.84 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 0.51
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 0.40
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 0.88
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 0.84
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 0.55
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 0.50
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 0.83
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 0.29
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 0.57
10 HeartCore Enterprises 4.03 Mn -1.75 Mn 74,045.00 0.88

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.88
Dec 31, 2025 1.00
Sep 30, 2025 0.95
Jun 30, 2025 2.19
Mar 31, 2025 2.09
Dec 31, 2024 1.36
Sep 30, 2024 1.16
Jun 30, 2024 0.74
Mar 31, 2024 0.87
Dec 31, 2023 1.07
Sep 30, 2023 0.91
Jun 30, 2023 0.73
Mar 31, 2023 0.83
Dec 31, 2022 0.71
Sep 30, 2022 0.60
Jun 30, 2022 0.56
Mar 31, 2022 0.74