Growth Metrics

Preaxia Health Care Payment Systems (PAXH) Asset Utilization Ratio (2021 - 2023)

Preaxia Health Care Payment Systems (PAXH) has disclosed Asset Utilization Ratio for 3 consecutive years, with 0.26 as the latest value for Q1 2023.

  • Quarterly Asset Utilization Ratio fell 93.16% to 0.26 in Q1 2023 from the year-ago period, while the trailing twelve-month figure was 0.26 through Feb 2023, down 93.16% year-over-year, with the annual reading at 2.46 for FY2022, 74.25% down from the prior year.
  • Asset Utilization Ratio hit 0.26 in Q1 2023 for Preaxia Health Care Payment Systems, down from 0.52 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 5.2 in Q2 2021 to a low of 0.26 in Q1 2023.
  • Historically, Asset Utilization Ratio has averaged 2.13 across 3 years, with a median of 1.48 in 2022.
  • Biggest five-year swings in Asset Utilization Ratio: crashed 70.4% in 2022 and later plummeted 93.16% in 2023.
  • Year by year, Asset Utilization Ratio stood at 5.2 in 2021, then tumbled by 90.06% to 0.52 in 2022, then tumbled by 49.57% to 0.26 in 2023.
  • Business Quant data shows Asset Utilization Ratio for PAXH at 0.26 in Q1 2023, 0.52 in Q4 2022, and 1.42 in Q3 2022.