Mineralrite (RITE) Asset Utilization Ratio (2011 - 2014)

Mineralrite (RITE) reported Asset Utilization Ratio of 0.27 for Q3 2014, up 116.52% year-over-year from 0.12 in Q3 2013, and up 31.02% quarter-over-quarter from 0.2 in Q2 2014.

Mineralrite (RITE) Asset Utilization Ratio (2011 - 2014) Analysis & Trends

Mineralrite (RITE) has 4 years of Asset Utilization Ratio data on file, last reported at 0.27 in Q3 2014.

  • Asset Utilization Ratio for Q3 2014 came in at 0.27, up 116.52% year-over-year; the trailing twelve-month figure through Sep 2014 was 0.27 (up 116.52% YoY), and the FY2024 annual result was 0.0, changed N/A from the prior year.
  • Asset Utilization Ratio improved to 0.27 in Q3 2014 per RITE's latest filing, from 0.2 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.02 in Q1 2012 and troughed at 0.09 in Q2 2013.
  • A 4-year average of 0.49 and a median of 0.27 in 2014 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2013 and 2014: Asset Utilization Ratio tumbled 89.8% in 2013, then soared 116.52% in 2014.
  • A 4-year view of Asset Utilization Ratio shows it stood at 0.89 in 2011, then plunged by 32.05% to 0.61 in 2012, then plunged by 75.73% to 0.15 in 2013, then soared by 80.35% 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn 0.23
2 Buenaventura Mining 10.77 Bn 10.77 Bn - 0.50
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 0.45
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn -
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - -
9 Solaris Resources 1.41 Bn 1.39 Bn - -
10 Mineralrite - - - -

Historic Data

Download Data
DateValue
Sep 30, 2014 0.27
Jun 30, 2014 0.20
Mar 31, 2014 0.20
Dec 31, 2013 0.15
Sep 30, 2013 0.12
Jun 30, 2013 0.09
Mar 31, 2013 0.13
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