Approach Resources Return on Assets:
0.54% for March 31, 2013Approach Resources Historical Return on Assets Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 0.54% |
| Dec. 31, 2012 | 0.87% |
| Sept. 30, 2012 | -0.30% |
| June 30, 2012 | 1.18% |
| March 31, 2012 | 1.30% |
| Dec. 31, 2011 | 1.38% |
| Sept. 30, 2011 | 3.54% |
| June 30, 2011 | 2.77% |
| March 31, 2011 | 1.39% |
| Dec. 31, 2010 | 2.12% |
| Sept. 30, 2010 | 1.48% |
About Return on Assets
Return on Assets (ROA) shows the rate of return (after tax) being earned on all of the firm's assets regardless of financing structure (debt vs. equity). It is a measure of how efficiently the company is using all stakeholders' assets to earn returns.
Because ROA can differ significantly across firms, ROA is often used to compare a company over time or against companies that have similar financing structures.
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AREX Return on Assets Benchmarks
| Companies | |
|---|---|
| Abraxas Petroleum Corporation | -7.60% |
| Diamondback Energy | -10.57% |
| Oasis Petroleum | 8.20% |
AREX Return on Assets Rankings
| Overall |
59th percentile 3085 of 7590 |
| Sector |
45th percentile 209 of 386 in Energy |
| Industry |
61st percentile 65 of 171 in Oil & Gas E&P |
AREX Return on Assets Range, Past 5 Years
| Minimum | -1.61% | Dec 2009 |
| Maximum | 8.44% | Sep 2008 |
| Average | 2.22% |
