PetroGas (PTCO) Asset Utilization Ratio (2017 - 2019)
PetroGas (PTCO) posted Asset Utilization Ratio of 2.88 for Q1 2019, up 73.94% sequentially from 1.65 in Q4 2018, and up 6375.01% YoY from 0.04 in Q1 2018.
PetroGas (PTCO) Asset Utilization Ratio (2017 - 2019) Analysis & Trends
PetroGas has reported Asset Utilization Ratio for 3 years, with the latest figure at 2.88 in Q1 2019.
- Quarterly Asset Utilization Ratio rose 6375.01% year-over-year to 2.88 in Q1 2019, while the trailing twelve-month figure through Mar 2019 was 2.88 (up 6375.01% YoY) and the FY2019 annual result came in at 0.09, up 88.74% from the prior year.
- Asset Utilization Ratio rose to 2.88 in Q1 2019 per PTCO's latest filing, from 1.65 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.88 in Q1 2019 and troughed at 0.02 in Q3 2017.
- A 3-year average of 0.74 and a median of 0.09 in 2018 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 6442.49% in 2018, down 2194.6% in 2018.
- Over 3 years, Asset Utilization Ratio stood at 0.03 in 2017, then surged by 6442.49% to 1.65 in 2018, then jumped by 73.94% to 2.88 in 2019.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 2.88, 1.65, and 0.49 for Q1 2019, Q4 2018, and Q3 2018 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.39 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 0.50 |
| 10 | PetroGas | 459,933.59 | 459,933.59 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 2.88 |
| Dec 31, 2018 | 1.65 |
| Sep 30, 2018 | 0.49 |
| Jun 30, 2018 | 0.09 |
| Mar 31, 2018 | 0.04 |
| Dec 31, 2017 | 0.03 |
| Sep 30, 2017 | 0.02 |