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W and t Offshore inc (WTI) |
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W And T Offshore Inc Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
W And T Offshore Inc 's asset turnover ratio, the ratio that measures the ability of W And T Offshore Inc 's assets to generate revenue, sequentially decreased to 0.5 in the fourth quarter (Dec 31 2023), which does not come as a surprise, as the W And T Offshore Inc continue to experience difficult business climate.
Within sector 34 more businesses have achieved higher asset turnover ratio. While Asset turnover ratio total ranking has improved so far during the IV Quarter 2023, to 1054, from total ranking in the third quarter 2023 at 2046.
What is Asset Turnover Ratio?
What is W And T Offshore Inc Market Share?
Select the Comparisons :
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Select the Ratio:
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WTI Asset Turnover Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Asset Change |
-22.38 % |
-24.17 % |
-22.53 % |
-15.27 % |
26.08 % |
Y / Y Revenue Change |
-30.24 % |
-46.56 % |
-53.92 % |
-31.04 % |
14.56 % |
Asset Turnover Ratio (TTM) |
0.5 |
0.51 |
0.58 |
0.66 |
0.68 |
WTI's Total
Ranking |
# 1054 |
# 2046 |
# 1740 |
# 933 |
# 1296 |
Seq. Asset Change |
-0.65 % |
2.53 % |
-0.05 % |
-23.77 % |
-2.94 % |
Seq. Revenue Change |
-7.07 % |
12.86 % |
-4.21 % |
-30.56 % |
-28.81 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
8.16 |
5.38 |
2.69 |
(Mar 31 2023) |
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(Sep 30 2019) |
Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Energy Sector | Asset Turnover Ratio | Revenues for 12 Months ending Dec 31 2023 | Assets at quarter ending Dec 31 2023 | Rpc inc | 1.31 | $ 1,617.474 Millions | $ 1,237.559 Millions | Select Water Solutions inc | 1.29 | $ 1,584.662 Millions | $ 1,228.256 Millions | Imperial Oil Limited | 1.21 | $ 39,042.254 Millions | $ 32,368.479 Millions | Arch Resources inc | 1.19 | $ 2,887.454 Millions | $ 2,417.398 Millions | Omega Flex Inc | 1.14 | $ 110.553 Millions | $ 96.644 Millions | Propetro Holding Corp | 1.13 | $ 1,630.399 Millions | $ 1,445.016 Millions | Babcock and Wilcox Enterprises Inc | 1.12 | $ 999.354 Millions | $ 892.069 Millions | Oceaneering International Inc | 1.11 | $ 2,424.706 Millions | $ 2,189.700 Millions | Hallador Energy Co | 1.06 | $ 634.480 Millions | $ 597.871 Millions | Ramaco Resources Inc | 1.06 | $ 693.524 Millions | $ 653.562 Millions | Tetra Technologies Inc | 1.01 | $ 460.367 Millions | $ 455.333 Millions | Ncs Multistage Holdings Inc | 1.00 | $ 142.471 Millions | $ 143.174 Millions | Cenovus Energy Inc | 0.97 | $ 39,988.264 Millions | $ 41,298.890 Millions | Consol Energy Inc | 0.96 | $ 2,568.877 Millions | $ 2,677.045 Millions | Halliburton Company | 0.95 | $ 23,018.000 Millions | $ 24,204.250 Millions | Exxon Mobil Corporation | 0.93 | $ 344,582.000 Millions | $ 370,298.750 Millions | Dorchester Minerals L p | 0.93 | $ 163.799 Millions | $ 176.443 Millions | Alliance Resource Partners Lp | 0.92 | $ 2,566.701 Millions | $ 2,794.540 Millions | Peabody Energy Corp | 0.85 | $ 4,946.700 Millions | $ 5,828.075 Millions | Enerplus Corporation | 0.82 | $ 1,694.333 Millions | $ 2,068.476 Millions | Shell Plc | 0.78 | $ 316,620.000 Millions | $ 406,270.000 Millions | Chevron Corp | 0.78 | $ 200,949.000 Millions | $ 258,306.000 Millions | Expro Group Holdings N v | 0.77 | $ 1,512.764 Millions | $ 1,964.859 Millions | Warrior Met Coal Inc | 0.77 | $ 1,717.324 Millions | $ 2,242.844 Millions | Bp Plc | 0.76 | $ 213,032.000 Millions | $ 280,294.000 Millions | Equinor Asa | 0.75 | $ 107,174.000 Millions | $ 143,580.000 Millions | Evolution Petroleum Corp | 0.74 | $ 96.666 Millions | $ 129.789 Millions | California Resources Corp | 0.71 | $ 2,801.000 Millions | $ 3,962.500 Millions | Barnwell Industries inc | 0.68 | $ 23.913 Millions | $ 35.265 Millions | Helmerich and Payne inc | 0.65 | $ 2,829.931 Millions | $ 4,377.458 Millions |
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