Growth Metrics

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

Preaxia Health Care Payment Systems' Asset Utilization Ratio history spans 3 years, with the latest figure at 0.26 for Q1 2023.

  • On a quarterly basis, Asset Utilization Ratio fell 93.16% to 0.26 in Q1 2023 year-over-year; TTM through Feb 2023 was 0.26, a 93.16% decrease, with the full-year FY2022 number at 2.46, down 74.25% from a year prior.
  • Asset Utilization Ratio hit 0.26 in Q1 2023 for Preaxia Health Care Payment Systems, down from 0.52 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for PAXH hit a ceiling of 5.2 in Q2 2021 and a floor 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.
  • Tracing PAXH's Asset Utilization Ratio over 3 years: stood at 5.2 in 2021, then plummeted by 90.06% to 0.52 in 2022, then plummeted 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.