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.
- For Q1 2023, Asset Utilization Ratio fell 93.16% year-over-year to 0.26; the TTM value through Feb 2023 reached 0.26, down 93.16%, while the annual FY2022 figure was 2.46, 74.25% down from the prior year.
- Asset Utilization Ratio for Q1 2023 was 0.26 at Preaxia Health Care Payment Systems, down from 0.52 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 5.2 in Q2 2021 and bottomed at 0.26 in Q1 2023.
- The 3-year median for Asset Utilization Ratio is 1.48 (2022), against an average of 2.13.
- The largest annual shift saw Asset Utilization Ratio tumbled 70.4% in 2022 before it crashed 93.16% in 2023.
- A 3-year view of Asset Utilization Ratio shows it 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.
- Per Business Quant, the three most recent readings for PAXH's Asset Utilization Ratio are 0.26 (Q1 2023), 0.52 (Q4 2022), and 1.42 (Q3 2022).