Growth Metrics

Spindletop Oil & Gas (SPND) Asset Utilization Ratio (2018 - 2025)

Spindletop Oil & Gas (SPND) has disclosed Asset Utilization Ratio for 10 consecutive years, with 0.15 as the latest value for Q3 2025.

  • On a quarterly basis, Asset Utilization Ratio fell 1.3% to 0.15 in Q3 2025 year-over-year; TTM through Sep 2025 was 0.15, a 1.3% decrease, with the full-year FY2024 number at 0.15, down 18.57% from a year prior.
  • Asset Utilization Ratio was 0.15 for Q3 2025 at Spindletop Oil & Gas, down from 0.16 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.51 in Q1 2022 to a low of 0.15 in Q4 2024.
  • A 5-year average of 0.24 and a median of 0.18 in 2021 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: soared 227.27% in 2021, then crashed 41.57% in 2023.
  • Spindletop Oil & Gas' Asset Utilization Ratio stood at 0.5 in 2021, then plummeted by 38.65% to 0.31 in 2022, then tumbled by 41.52% to 0.18 in 2023, then dropped by 15.56% to 0.15 in 2024, then grew by 0.74% to 0.15 in 2025.
  • Per Business Quant, the three most recent readings for SPND's Asset Utilization Ratio are 0.15 (Q3 2025), 0.16 (Q2 2025), and 0.15 (Q1 2025).