Methanex (MEOH) Asset Utilization Ratio (2013 - 2020)
Methanex (MEOH) posted Asset Utilization Ratio of 0.57 for Q1 2020, down 6.8% sequentially from 0.61 in Q4 2019, and down 29.13% YoY from 0.81 in Q2 2019.
Methanex (MEOH) Asset Utilization Ratio (2013 - 2020) Analysis & Trends
Methanex has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.57 in Q1 2020.
- Quarterly Asset Utilization Ratio fell 29.13% year-over-year to 0.57 in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 0.57 (down 29.13% YoY) and the FY2025 annual result came in at 0.52, down 9.46% from the prior year.
- Asset Utilization Ratio eased to 0.57 in Q1 2020 per MEOH's latest filing, from 0.61 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.85 in Q4 2018 and troughed at 0.42 in Q3 2016.
- A 5-year average of 0.62 and a median of 0.61 in 2019 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2017 and 2020: Asset Utilization Ratio surged 50.45% in 2017, then retreated 29.13% in 2020.
- Over 5 years, Asset Utilization Ratio stood at 0.44 in 2016, then soared by 50.45% to 0.67 in 2017, then grew by 27.71% to 0.85 in 2018, then declined by 27.64% to 0.61 in 2019, then fell by 6.8% to 0.57 in 2020.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.57, 0.61, and 0.67 for Q1 2020, Q4 2019, and Q3 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.14 Bn | 3.78 Bn | 618.00 Mn | 0.45 |
| 2 | Methanex | 4.67 Bn | 4.29 Bn | - | - |
| 3 | Olin | 2.10 Bn | 1.92 Bn | 170.20 Mn | 0.91 |
| 4 | Braskem | 1.54 Bn | -405.18 Mn | - | - |
| 5 | Rex American Resources | 1.47 Bn | 1.11 Bn | 29.07 Mn | 0.81 |
| 6 | Green Plains | 1.12 Bn | 873.08 Mn | 113.03 Mn | 1.13 |
| 7 | Tronox Holdings | 899.11 Mn | 705.11 Mn | 55.00 Mn | 0.51 |
| 8 | Lsb Industries | 809.87 Mn | 591.51 Mn | 11.46 Mn | 0.54 |
| 9 | Westlake Chemical Partners | 755.88 Mn | 706.56 Mn | 94.81 Mn | 1.01 |
| 10 | Rayonier Advanced Materials | 587.68 Mn | 530.67 Mn | 22.95 Mn | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 0.57 |
| Dec 31, 2019 | 0.61 |
| Sep 30, 2019 | 0.67 |
| Jun 30, 2019 | 0.76 |
| Mar 31, 2019 | 0.81 |
| Dec 31, 2018 | 0.85 |
| Sep 30, 2018 | 0.82 |
| Jun 30, 2018 | 0.74 |
| Mar 31, 2018 | 0.68 |
| Dec 31, 2017 | 0.67 |
| Sep 30, 2017 | 0.60 |
| Jun 30, 2017 | 0.55 |
| Mar 31, 2017 | 0.51 |
| Dec 31, 2016 | 0.44 |
| Sep 30, 2016 | 0.42 |
| Jun 30, 2016 | 0.43 |
| Mar 31, 2016 | 0.47 |
| Dec 31, 2015 | 0.49 |
| Dec 31, 2014 | 0.72 |
| Jun 30, 2013 | 0.76 |