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| Date | Value |
|---|---|
| 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 |