Htg Molecular Diagnostics Inc Asset Turnover Ratio (HTGM), as of first quarter 2023, current and historic results, rankings and more - CSIMarket
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Htg Molecular Diagnostics Inc  (NASDAQ: HTGM)
 

Htg Molecular Diagnostics Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Htg Molecular Diagnostics Inc asset turnover ratio, the ability of Htg Molecular Diagnostics Inc's assets to generate revenue in the first quarter 2023, increased sequentially to 0.39 in the first quarter (Mar 31 2023), yet the ratio remained below the average, as HTGM's position remain challenging.

Within sector 20 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the First Quarter 2023 compared to the preceding quarter from 2808 to 2853.

Asset Turnover Ratio Definition



HTGM Asset Turnover Ratio (Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
Y / Y Asset Change -62.35 % -41.34 % -60.56 % -40.5 % -22.29 %
Y / Y Revenue Change -12.83 % -15.22 % -50.37 % -28.09 % -17.47 %
Asset Turnover Ratio (TTM) 0.39 0.31 0.29 0.28 0.27
HTGM's Total Ranking # 2853 # 2808 # 2543 # 2772 # 2772
Seq. Asset Change -39.72 % 30.62 % -38.71 % -21.99 % -6.08 %
Seq. Revenue Change -57.67 % 95.01 % -16.14 % 25.93 % -58.83 %



Asset Turnover Ratio Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 21
Healthcare Sector # 416
Overall Market # 2853

Asset Turnover Ratio Statistics
High Average Low
6.61 5.43 4.44
(Dec 31 2020)   (Mar 31 2017)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2023, within Healthcare Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2023 Assets at quarter ending Mar 31 2023
International Stem Cell Corporation  1.58 $ 8.246  Millions$ 5.233  Millions
Chemed Corporation  1.56 $ 2,164.571  Millions$ 1,385.589  Millions
Champions Oncology Inc   1.53 $ 53.870  Millions$ 35.111  Millions
Interpace Biosciences Inc   1.51 $ 31.287  Millions$ 20.659  Millions
Star Equity Holdings Inc   1.50 $ 112.807  Millions$ 75.357  Millions
Rockwell Medical inc   1.49 $ 74.434  Millions$ 50.102  Millions
Henry Schein Inc   1.47 $ 12,528.000  Millions$ 8,509.250  Millions
Biofrontera Inc   1.46 $ 73.750  Millions$ 50.384  Millions
Zynex inc   1.46 $ 169.254  Millions$ 115.633  Millions
Vycor Medical Inc   1.43 $ 1.270  Millions$ 0.889  Millions
Cano Health Inc   1.41 $ 2,901.488  Millions$ 2,052.712  Millions
Option Care Health Inc   1.32 $ 4,044.799  Millions$ 3,075.628  Millions
Vaso Corporation  1.29 $ 82.229  Millions$ 63.570  Millions
Procyon Corporation  1.29 $ 4.694  Millions$ 3.638  Millions
Iridex Corp  1.29 $ 55.860  Millions$ 43.469  Millions
Idexx Laboratories Inc  1.27 $ 3,430.970  Millions$ 2,700.604  Millions
Psychemedics Corporation  1.27 $ 24.591  Millions$ 19.392  Millions
Dynatronics Corporation  1.25 $ 43.363  Millions$ 34.711  Millions
Bionexus Gene Lab Corp   1.24 $ 10.277  Millions$ 8.273  Millions
Zeo Scientifix Inc   1.24 $ 5.072  Millions$ 4.103  Millions
Alimera Sciences Inc  1.23 $ 55.777  Millions$ 45.461  Millions
Viemed Healthcare Inc   1.23 $ 146.133  Millions$ 119.250  Millions
Cadre Holdings inc   1.22 $ 465.179  Millions$ 381.395  Millions
Cerus Corporation  1.22 $ 261.326  Millions$ 214.822  Millions
Innovage Holding Corp   1.21 $ 684.074  Millions$ 564.025  Millions
Lftd Partners Inc   1.20 $ 51.789  Millions$ 43.022  Millions
Precision Optics Corporation Inc   1.20 $ 20.814  Millions$ 17.382  Millions
Myomo Inc   1.20 $ 15.134  Millions$ 12.654  Millions
Hca Healthcare Inc   1.17 $ 60,879.000  Millions$ 52,054.250  Millions
Mettler toledo International Inc   1.17 $ 3,950.656  Millions$ 3,383.298  Millions



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