Approach Resources Asset Utilization:0.1635 for March 31, 2013
Approach Resources Asset Utilization Chart
Approach Resources Historical Asset Utilization DataPro Data Export
There is no data for the selected date range.
|Data for this Date Range|
|March 31, 2013||0.1635|
|Dec. 31, 2012||0.1684|
|Sept. 30, 2012||0.178|
|June 30, 2012||0.1825|
|March 31, 2012||0.1971|
|Dec. 31, 2011||0.1975|
|Sept. 30, 2011||0.1891|
|June 30, 2011||0.1812|
|March 31, 2011||0.1554|
|Dec. 31, 2010||0.1554|
|Sept. 30, 2010||0.157|
|June 30, 2010||0.144|
About Asset Utilization
The asset utilization ratio calculates the total revenue earned for every dollar of assets a company owns.
For example, with an asset utilization ratio of 52%, a company earned $.52 for each dollar of assets held by the company. An increasing asset utilization means the company is being more efficient with each dollar of assets it has.
This ratio is frequently used to compare a company's efficiency over time.
AREX Asset Utilization Benchmarks
|Abraxas Petroleum Corporation||0.2785|
AREX Asset Utilization Rankings
3808 of 7590
293 of 386 in Energy
124 of 171 in Oil & Gas E&P
AREX Asset Utilization Range, Past 5 Years
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