Forbes Energy Services Ltd Asset Turnover Ratio (FES), as of first quarter 2020, current and historic results, rankings and more - CSIMarket
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Forbes Energy Services Ltd   (FES)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

Forbes Energy Services Ltd Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Forbes Energy Services Ltd 's asset turnover ratio, the ratio that measures the ability of Forbes Energy Services Ltd 's assets to generate revenue, sequentially decreased to 0.86 in the first quarter (Mar 31 2020), but it does not raise any concerns as Forbes Energy Services Ltd continue to execute well, and the asset turnover ratio remains above the average.

Within sector 12 more businesses have achieved higher asset turnover ratio. While asset turnover ranking remained unchanged in the First Quarter 2020 compared to previous quarter at no. 1314.

Asset Turnover Ratio Definition



FES Asset Turnover Ratio (Mar 31 2020)
I. Quarter
(Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
Y / Y Asset Change -48.83 % -27.99 % 6.19 % 25.78 % 27.18 %
Y / Y Revenue Change -47.83 % -82.42 % -7.18 % 23.82 % 64.05 %
Asset Turnover Ratio (TTM) 0.86 0.87 1.49 1.53 1.57
FES's Total Ranking # 1314 # 1314 # 140 # 1314 # 43
Seq. Asset Change -30.56 % -7.01 % -15.91 % -5.76 % -2.27 %
Seq. Revenue Change -12.4 % -21.31 % -13.46 % -12.54 % -70.48 %



Asset Turnover Ratio Company Ranking
Within: No.
Oil And Gas Production Industry # 13
Energy Sector # 35
Overall Market # 1314

Asset Turnover Ratio Statistics
High Average Low
1.57 0.79 0.34
(Mar 31 2019)   (Dec 31 2016)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2020, within Energy Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2020 Assets at quarter ending Mar 31 2020
Sunoco Lp  3.03 $ 16,176.000  Millions$ 5,345.500  Millions
Sprague Resources Lp  2.89 $ 3,203.981  Millions$ 1,107.769  Millions
Crossamerica Partners Lp  2.31 $ 2,141.835  Millions$ 926.478  Millions
Par Pacific Holdings Inc   2.24 $ 5,695.818  Millions$ 2,541.694  Millions
Valero Energy Corp  2.07 $ 106,163.000  Millions$ 51,215.500  Millions
Phillips 66  1.75 $ 100,129.000  Millions$ 57,175.500  Millions
Quintana Energy Services Inc   1.65 $ 435.419  Millions$ 264.561  Millions
Calumet Inc   1.63 $ 3,293.900  Millions$ 2,022.125  Millions
Cvr Energy Inc  1.52 $ 6,008.000  Millions$ 3,955.500  Millions
Liberty Energy Inc   1.49 $ 1,927.541  Millions$ 1,295.146  Millions
Omega Flex Inc   1.47 $ 109.838  Millions$ 74.559  Millions
Hollyfrontier Corp  1.43 $ 16,989.876  Millions$ 11,920.614  Millions
Nextier Oilfield Solutions Inc   1.36 $ 1,890.273  Millions$ 1,393.858  Millions
Delek Us Holdings Inc   1.35 $ 8,919.500  Millions$ 6,619.050  Millions
Vertex Energy Inc   1.33 $ 160.248  Millions$ 120.876  Millions
Marathon Petroleum Corporation  1.27 $ 120,897.000  Millions$ 94,977.000  Millions
Masco Corporation  1.21 $ 6,380.000  Millions$ 5,260.000  Millions
Martin Midstream Partners L p   1.19 $ 795.034  Millions$ 667.748  Millions
Team Inc   1.18 $ 1,130.554  Millions$ 955.013  Millions
Arch Resources Inc   1.16 $ 2,184.334  Millions$ 1,887.348  Millions
Ncs Multistage Holdings Inc   1.07 $ 207.185  Millions$ 193.056  Millions
Babcock and Wilcox Enterprises Inc  1.07 $ 712.702  Millions$ 666.819  Millions
Key Energy Services Inc  1.07 $ 379.889  Millions$ 356.048  Millions
Basic Energy Services Inc   1.06 $ 641.431  Millions$ 602.911  Millions
Rpc inc   1.06 $ 1,131.530  Millions$ 1,064.045  Millions
Fts International Inc   1.06 $ 705.600  Millions$ 665.825  Millions
Dawson Geophysical Company  0.99 $ 133.588  Millions$ 135.225  Millions
Select Water Solutions inc   0.94 $ 1,207.228  Millions$ 1,282.141  Millions
Ramaco Resources Inc   0.94 $ 214.688  Millions$ 229.341  Millions
Core Natural Resources Inc   0.89 $ 4,938.726  Millions$ 5,579.743  Millions



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