Northern Minerals & Exploration (NMEX) Asset Utilization Ratio (2015 - 2026)
Northern Minerals & Exploration's (NMEX) Asset Utilization Ratio was 0.14 for fiscal Q3 2026 (quarter ended Apr 30, 2026), up 17.4% from the prior quarter.
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Analysis
Northern Minerals & Exploration (NMEX) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Asset Utilization Ratio at Northern Minerals & Exploration was 0.08.
- The fiscal Q3 2026 figure ranks as the highest quarterly Asset Utilization Ratio since fiscal Q2 2020.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.12 (Q2 2026), 0.08 (Q1 2026) and 0.04 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 0.79 |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 0.65 |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 0.44 |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 0.37 |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 83.27 |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | -0.04 |
| 10 | Northern Minerals & Exploration | 4.46 Mn | 4.42 Mn | 1,676.00 | 0.14 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 0.14 |
| Jan 31, 2026 | 0.12 |
| Oct 31, 2025 | 0.08 |
| Jul 31, 2025 | 0.04 |
| Jan 31, 2022 | 0.01 |
| Jul 31, 2021 | 0.02 |
| Apr 30, 2021 | 0.03 |
| Jan 31, 2021 | 0.03 |
| Oct 31, 2020 | 0.03 |
| Jul 31, 2020 | 0.05 |
| Apr 30, 2020 | 0.08 |
| Jan 31, 2020 | 0.20 |
| Oct 31, 2019 | 0.17 |
| Jul 31, 2019 | 0.11 |
| Apr 30, 2019 | -0.18 |
| Jan 31, 2019 | -0.14 |
| Oct 31, 2018 | -0.04 |
| Jul 31, 2018 | 0.00 |
| Apr 30, 2018 | 0.35 |
| Jan 31, 2018 | 0.41 |
API Access
Northern Minerals & Exploration Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NMEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NMEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NMEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();