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

Preaxia Health Care Payment Systems has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.26 for Q1 2023.

• In Q1 2023, Asset Utilization Ratio fell 93.16% year-over-year to 0.26; the TTM figure through Feb 2023 stood at 0.26 (down 93.16% YoY), while the FY2022 annual figure was 2.46, down 74.25% from the prior year.
• Asset Utilization Ratio came in at 0.26 for Q1 2023 at 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.
• Average Asset Utilization Ratio over 3 years is 2.13, with a median of 1.48 recorded in 2022.
• Year-over-year, Asset Utilization Ratio slumped 70.4% in 2022 and tumbled 93.16% in 2023.
• Over 3 years, Asset Utilization Ratio stood at 5.2 in 2021, then tumbled by 90.06% to 0.52 in 2022, then slumped by 49.57% to 0.26 in 2023.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.26 in Q1 2023, 0.52 in Q4 2022, and 1.42 in Q3 2022.