MINERALRITE Corp (RITE) Asset Utilization Ratio (2011 - 2014)
Mineralrite (RITE) posted quarterly Asset Utilization Ratio of 0.27 for Q3 2014, up 129.49% year-over-year from 0.12 in Q3 2013, and up 31.02% quarter-over-quarter from 0.2 in Q2 2014.
MINERALRITE Corp (RITE) Asset Utilization Ratio (2011 - 2014) Analysis & Trends
Mineralrite (RITE) has reported Asset Utilization Ratio for 4 consecutive years, with 0.27 the latest figure, recorded in Q3 2014.
- In Q3 2014, Asset Utilization Ratio rose 129.49% year-over-year to 0.27; the TTM figure through Sep 2014 stood at 0.27 (up 129.49% YoY), while the FY2024 annual figure was 0.0, changed N/A from the prior year.
- Asset Utilization Ratio advanced to 0.27 in Q3 2014 per RITE's latest filing, from 0.2 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.02 in Q1 2012 and bottomed at 0.09 in Q2 2013.
- Historically, Asset Utilization Ratio has averaged 0.49 across 4 years, with a median of 0.27 in 2014.
- Annual changes were most pronounced in 2013 — Asset Utilization Ratio sank 90.51% — and 2014, when it surged 129.97%.
- Mineralrite's Asset Utilization Ratio stood at 0.89 in 2011, then sank by 32.05% to 0.61 in 2012, then tumbled by 77.22% to 0.14 in 2013, then surged by 92.12% to 0.27 in 2014.
- Business Quant data shows RITE's Asset Utilization Ratio at 0.27 in Q3 2014, 0.2 in Q2 2014, and 0.2 in Q1 2014.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | 0.27 |
| Jun 30, 2014 | 0.20 |
| Mar 31, 2014 | 0.20 |
| Dec 31, 2013 | 0.14 |
| Sep 30, 2013 | 0.12 |
| Jun 30, 2013 | 0.09 |
| Mar 31, 2013 | 0.12 |
| Dec 31, 2012 | 0.61 |
| Sep 30, 2012 | 0.97 |
| Jun 30, 2012 | 0.93 |
| Mar 31, 2012 | 1.02 |
| Dec 31, 2011 | 0.89 |
| Sep 30, 2011 | 0.84 |