HeartCore Enterprises (HTCR) Asset Utilization Ratio (2022 - 2026)
HeartCore Enterprises' (HTCR) Asset Utilization Ratio stood at 0.63 in Q2 2026, down 62.6% from 1.68 a year earlier but up 22.9% from the prior quarter.
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Analysis
HeartCore Enterprises (HTCR) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2025, HeartCore Enterprises' Asset Utilization Ratio came in at 0.66, down 50.9% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 1.35 in FY2024 (-1.8%), 1.38 in FY2023 (+65.8%), 0.83 in FY2022 (-25.3%) and 1.11 in FY2021.
- Quarterly Asset Utilization Ratio has ranged from 0.50 in Q3 2025 to 1.97 in Q1 2025 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 6.9% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 127.5% in Q1 2025, against a decline of 74.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.51 (Q1 2026), 0.54 (Q4 2025) and 0.50 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 1.04 |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 1.09 |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | 0.35 |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 0.88 |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 1.19 |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 0.94 |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | 1.43 |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | - |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 0.90 |
| 10 | HeartCore Enterprises | 2.10 Mn | -15.31 Mn | -70,215.00 | 0.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.63 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 1.68 |
| Mar 31, 2025 | 1.97 |
| 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 |
API Access
HeartCore Enterprises 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=HTCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HTCR", "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=HTCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();