Vantage Drilling (VTG)
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Vantage Drilling Asset Utilization:
0.1684 for Dec. 31, 2012Vantage Drilling Historical Asset Utilization Data
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| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 0.1684 |
| Sept. 30, 2012 | 0.1847 |
| June 30, 2012 | 0.1894 |
| March 31, 2012 | 0.2366 |
| Dec. 31, 2011 | 0.2373 |
| Sept. 30, 2011 | 0.2217 |
| June 30, 2011 | 0.1963 |
| March 31, 2011 | 0.2196 |
| Dec. 31, 2010 | 0.1752 |
| Sept. 30, 2010 | 0.1512 |
| June 30, 2010 | 0.1877 |
| March 31, 2010 | 0.1603 |
| Dec. 31, 2009 | 0.1228 |
| Sept. 30, 2009 | 0.0898 |
| June 30, 2009 | 0.054 |
| March 31, 2009 | 0.0238 |
| Dec. 31, 2008 | 0.0019 |
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.
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VTG Asset Utilization Benchmarks
| Companies | |
|---|---|
| Hercules Offshore | 0.3811 |
| Helmerich & Payne | 0.578 |
| Ocean Rig UDW | 0.1542 |
VTG Asset Utilization Rankings
| Overall |
52nd percentile 3789 of 8006 |
| Sector |
29th percentile 289 of 411 in Energy |
| Industry |
42nd percentile 27 of 47 in Oil & Gas Drilling |
VTG Asset Utilization Range, Past 5 Years
| Minimum | 0.0019 | Dec 2008 |
| Maximum | 0.2373 | Dec 2011 |
| Average | 0.1542 |
VTG News
Vantage Drilling Management Discusses Q1 2013 Results - Earnings Call Transcript
Seeking Alpha May 10
Seeking Alpha May 10