Due to the increase in investments during the third quarter 2020, Summer Energy Holdings Inc's asset turnover ratio sequentially decreased to 3.05 in the third quarter (Sep 30 2020), this is lower than usual.

Within sector Summer Energy Holdings Inc achieved the highest asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2020 compared to the preceding quarter from 78 to 79.

Asset Turnover Ratio Definition

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SUME Asset Turnover Ratio	(Sep 30 2020) III. Quarter	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter	(Dec 31 2019) IV. Quarter	(Sep 30 2019) III. Quarter
Y / Y Asset Change	8.36 %	9.67 %	13.85 %	14.43 %	16.04 %
Y / Y Revenue Change	5.43 %	5 %	11.6 %	12.03 %	18.3 %
Asset Turnover Ratio (TTM)	3.05	3.06	3.1	3.11	3.14
SUME's Total Ranking	# 79	# 78	# 77	# 77	# 77
Seq. Asset Change	11.1 %	11.53 %	-4.29 %	-8.64 %	12.45 %
Seq. Revenue Change	35.61 %	9.41 %	7.09 %	-33.64 %	35.06 %

Asset Turnover Ratio Company Ranking
Within:	No.
Electric Utilities Industry	# 0
Utilities Sector	# 0
Overall Market	# 79

Asset Turnover Ratio Statistics
High	Average	Low
6.75	3.92	0.74
(Sep 30 2015)		(Mar 31 2018)

SUME Company Profile • Back to SUME Efficiency Comparisons • Compare SUME Asset Turnover Ratio to its Competitors

Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2020, within Utilities Sector	Asset Turnover Ratio	Revenues for 12 Months ending Sep 30 2020	Assets at quarter ending Sep 30 2020
Summer Energy Holdings Inc	3.05	$ 175.349 Millions	$ 57.455 Millions
Genie Energy Ltd	2.37	$ 358.404 Millions	$ 151.183 Millions
Via Renewables Inc	1.61	$ 622.030 Millions	$ 386.435 Millions
Blueknight Energy Partners L.p.	1.07	$ 309.814 Millions	$ 289.284 Millions
Plains All American Pipeline Lp	1.05	$ 26,481.000 Millions	$ 25,165.000 Millions
Plains Gp Holdings Lp	1.00	$ 26,481.000 Millions	$ 26,579.250 Millions
Ngl Energy Partners Lp	0.95	$ 5,920.346 Millions	$ 6,253.432 Millions
Venture Global Inc	0.91	$ 1,234.326 Millions	$ 1,362.033 Millions
Nrg Energy Inc	0.74	$ 9,261.000 Millions	$ 12,478.750 Millions
Stabilis Solutions Inc	0.72	$ 60.654 Millions	$ 84.191 Millions
Hallador Energy Co	0.63	$ 258.490 Millions	$ 413.296 Millions
Delek Logistics Partners Lp	0.62	$ 561.917 Millions	$ 905.502 Millions
Otter Tail Corporation	0.56	$ 1,326.506 Millions	$ 2,375.836 Millions
Clean Energy Technologies Inc	0.54	$ 2.301 Millions	$ 4.231 Millions
Southwest Gas Holdings Inc	0.54	$ 4,497.137 Millions	$ 8,279.741 Millions

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