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Us Energy Corp  (USEG)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Us Energy's Quick Ratio

USEG's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Us Energy's Cash & cash equivalent grew by 68.64 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Us Energy's Quick Ratio to 0.18, Quick Ratio remained below Us Energy Corp average.

Within Oil And Gas Production industry 58 other companies have achieved higher Quick Ratio than Us Energy in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 3224, from total ranking in the second quarter 2023 at 3621.

Explain Quick Ratio?
How much Cash & cash equivalents USEG´s has?
What are USEG´s Current Liabilities?


USEG Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -9.88 % -38.44 % -32.14 % 319.18 % 829.94 %
Y / Y Cash & cash equivalent Change -33.26 % -51.62 % 47.06 % -2.06 % -55.59 %
Quick Ratio MRQ 0.18 0.13 0.27 0.39 0.24
USEG's Total Ranking # 3224 # 3621 # 2581 # 2737 # 3389
Seq. Current Liabilities Change 20.22 % 7.84 % -19.98 % -13.14 % -17.87 %
Seq. Cash & cash equivalent Change 68.64 % -49.92 % -44.05 % 41.23 % 22.24 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Oil And Gas Production Industry # 59
Energy Sector # 91
Overall Market # 3224


Quick Ratio Statistics
High Average Low
5.43 1.1 0.13
(Mar 31 2021)   (Mar 31 2022)




Financial Statements
Us Energy's Current Liabilities $ 12 Millions Visit USEG's Balance sheet
Us Energy's Cash & cash equivalent $ 2 Millions Visit USEG's Balance sheet
Source of USEG's Sales Visit USEG's Sales by Geography


Cumulative Us Energy's Quick Ratio

USEG's Quick Ratio for the trailling 12 Months

USEG Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -9.88 % -38.44 % -32.14 % 319.18 % 829.94 %
Y / Y Cash & cash equivalent TTM Growth -33.26 % -51.62 % 47.06 % -2.06 % -55.59 %
Quick Ratio TTM 0.25 0.26 0.26 0.22 0.27
Total Ranking TTM # 3896 # 3146 # 3188 # 4158 # 2414
Seq. Current Liabilities TTM Growth 20.22 % 7.84 % -19.98 % -13.14 % -17.87 %
Seq. Cash & cash equivalent TTM Growth 68.64 % -49.92 % -44.05 % 41.23 % 22.24 %


On the trailing twelve months basis In spite of the year on year decrease in USEG's Current Liabilities to $11.93 millions, cumulative Quick Ratio to 0.25 below the USEG average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 102 other companies have achieved higher Quick Ratio than Us Energy. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3146 to 3896.

Explain Quick Ratio?
How much Cash & cash equivalents USEG´s has?
What are USEG´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 103
Energy Sector # 146
Within the Market # 3896


trailing twelve months Quick Ratio Statistics
High Average Low
3.73 1.05 0.19
(Sep 30 2021)   (Sep 30 2016)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Oil And Gas Production Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Primeenergy Resources Corporation  0.47 $ 19.790  Millions$ 41.684  Millions
Phx Minerals Inc   0.47 $ 1.235  Millions$ 2.642  Millions
Gran Tierra Energy Inc   0.44 $ 124.358  Millions$ 279.748  Millions
Chesapeake Energy Corporation  0.44 $ 713.000  Millions$ 1,614.000  Millions
Barnwell Industries inc   0.43 $ 2.830  Millions$ 6.598  Millions
Shell Plc  0.41 $ 39,081.000  Millions$ 95,467.000  Millions
Diamondback Energy Inc   0.39 $ 830.000  Millions$ 2,141.000  Millions
Tellurian Inc   0.38 $ 59.279  Millions$ 156.038  Millions
Cenovus Energy Inc   0.37 $ 2,024.538  Millions$ 5,444.728  Millions
Murphy Oil Corporation  0.37 $ 327.769  Millions$ 892.393  Millions
Schlumberger Limited  0.35 $ 3,735.000  Millions$ 10,530.000  Millions
Par Pacific Holdings Inc   0.34 $ 347.105  Millions$ 1,026.124  Millions
Battalion Oil Corp  0.30 $ 42.590  Millions$ 140.886  Millions
Permian Resources Corporation  0.29 $ 211.703  Millions$ 725.745  Millions
Silverbow Resources Inc   0.28 $ 54.261  Millions$ 194.852  Millions
North American Construction Group Ltd   0.27 $ 67.878  Millions$ 248.202  Millions
Tetra Technologies Inc   0.27 $ 33.826  Millions$ 126.540  Millions
Crescent Energy Company  0.26 $ 228.614  Millions$ 880.798  Millions
Nine Energy Service Inc   0.25 $ 12.159  Millions$ 47.759  Millions
Range Resources Corporation  0.25 $ 162.801  Millions$ 643.513  Millions
Empire Petroleum Corporation  0.25 $ 11.035  Millions$ 44.070  Millions
Zion Oil and Gas Inc   0.25 $ 0.510  Millions$ 2.037  Millions
Woodside Energy Group Ltd  0.25 $ 1,858.000  Millions$ 7,497.000  Millions
Verde Bio Holdings Inc   0.25 $ 0.040  Millions$ 0.163  Millions
Kosmos Energy ltd   0.25 $ 138.742  Millions$ 564.418  Millions
Aris Water Solutions inc   0.21 $ 24.184  Millions$ 113.340  Millions
Royale Energy Inc   0.21 $ 3.694  Millions$ 17.453  Millions
Blue Dolphin Energy Company  0.21 $ 11.581  Millions$ 55.322  Millions
Core Laboratories Inc   0.20 $ 16.616  Millions$ 84.250  Millions
Chord Energy Corporation  0.19 $ 264.966  Millions$ 1,395.747  Millions

Date modified: 2023-11-14T19:16:45+00:00



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