As we can see in the below output snippet, The state property of the json response shows the state of the API services that the artifactory uses. Here the state shows UNHEALTHY, which means the respective API service is not up and running, it could be due to different issues. In our use case, since all the API services depend on the artifactory license, the services were down as we removed the license.
For information on Xray health check please refer to this KB
For information on Xray health check please refer to this KB