Reserve Petroleum (RSRV) Asset Utilization Ratio (2011 - 2023)

Reserve Petroleum's Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.41 for Q1 2023.

• In Q1 2023, Asset Utilization Ratio rose 28.02% year-over-year to 0.41; the TTM figure through Mar 2023 stood at 0.41 (up 28.02% YoY), while the FY2022 annual figure was 0.45, up 62.62% from the prior year.
• Asset Utilization Ratio was 0.41 for Q1 2023 at Reserve Petroleum, down from 0.43 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.43 in Q4 2022 to a low of 0.12 in Q4 2020.
• Historically, Asset Utilization Ratio has averaged 0.24 across 5 years, with a median of 0.19 in 2019.
• The sharpest annual moves came in 2020 and 2022: Asset Utilization Ratio sank 30.14% in 2020, then jumped 139.99% in 2022.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.18 in 2019, then tumbled by 30.14% to 0.12 in 2020, then soared by 120.91% to 0.27 in 2021, then jumped by 57.23% to 0.43 in 2022, then retreated by 4.6% to 0.41 in 2023.
• The last three Asset Utilization Ratio figures came in at 0.41 (Q1 2023), 0.43 (Q4 2022), and 0.38 (Q3 2022), per Business Quant data.