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Approach Resources Inc (AREX) |
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Approach Resources Inc's Leverage Ratio
AREX's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to net new borrowings of 0.35%, Leverage Ratio fell to 0.95, above the Approach Resources Inc's average Leverage Ratio.
Within Oil And Gas Production industry in the third quarter 2019, 62 other companies have achieved lower Leverage Ratio than Approach Resources Inc in the III Quarter 2019. While Leverage Ratio total ranking has deteriorated compared to the second quarter 2019 from 986 to 1776 .
Explain Leverage Ratio?
Who are AREX Customers?
What are AREX´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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AREX Leverage Ratio |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
Y / Y Equity Change |
-8.19 % |
-5.52 % |
-4.72 % |
-2.99 % |
8.22 % |
Y / Y Total Liabilities Change |
19.23 % |
2.61 % |
6.29 % |
-15.15 % |
-21.68 % |
Leverage Ratio MRQ |
0.95 |
0.92 |
0.92 |
0.71 |
0.74 |
AREX's Total
Ranking |
# 1776 |
# 986 |
# 1328 |
# 1317 |
# 1437 |
Seq. Equity Change |
-3.39 % |
-2.33 % |
-2.95 % |
0.25 % |
-0.58 % |
Seq. Total Liabilities Change |
0.35 % |
-2.11 % |
25.62 % |
-3.38 % |
-13.64 % |
Leverage Ratio third quarter 2019 Company Ranking |
Within: |
No. |
Oil And Gas Production Industry |
# 63 |
Energy Sector |
# 78 |
Overall Market |
# 1776 |
Leverage Ratio Statistics |
High |
Average |
Low |
1.02 |
0.76 |
0.26 |
(Sep 30 2017) |
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(Sep 30 2012) |
Cumulative Approach Resources Inc's Leverage Ratio
AREX's Leverage Ratio for the trailling 12 Months
AREX Leverage Ratio |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
Y / Y Equity TTM Growth |
-8.19 % |
-5.52 % |
-4.72 % |
-2.99 % |
8.22 % |
Y / Y Total Liabilities TTM Growth |
19.23 % |
2.61 % |
6.29 % |
-15.15 % |
-21.68 % |
Leverage Ratio TTM |
0.87 |
0.82 |
0.8 |
0.78 |
0.8 |
Total
Ranking TTM |
# 1592
| # 1630
| # 1721
| # 1734
| # 1598
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Seq. Equity TTM Growth |
-3.39 % |
-2.33 % |
-2.95 % |
0.25 % |
-0.58 % |
Seq. Total Liabilities TTM Growth |
0.35 % |
-2.11 % |
25.62 % |
-3.38 % |
-13.64 % |
On the trailing twelve months basis Due to the net new borrowings of 0.35% during the trailing twelve months finishing in the III Quarter 2019, cumulativeLeverage Ratio improved to 0.87, above the Approach Resources Inc's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Oil And Gas Production industry AREX recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2019, compared to the prior period, from 18 to 1591.
Explain Leverage Ratio?
Who are AREX Customers?
What are AREX´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Oil And Gas Production Industry |
# 0 |
Energy Sector |
# 0 |
Within the Market |
# 1776 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
0.99 |
0.86 |
0.62 | (Sep 30 2017) |
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(March 31, 2014) |
Companies with similar Leverage Ratio in the quarter ending Sep 30 2019, within Oil And Gas Production Industry | Leverage Ratio | Sep 30 2019 MRQ Total Liabilities | Sep 30 2019 MRQ Equity | U.s. Well Services Inc. | 2.61 | $ 501.922 Millions | $ 192.155 Millions | Occidental Petroleum Corporation | 2.57 | $ 105,374.000 Millions | $ 41,005.000 Millions | Chesapeake Energy Corporation | 2.51 | $ 11,883.000 Millions | $ 4,735.000 Millions | Denbury Inc | 2.49 | $ 3,357.176 Millions | $ 1,346.120 Millions | Semgroup Corporation | 2.35 | $ 4,864.771 Millions | $ 2,073.702 Millions | Petrochina Co Ltd | 2.21 | $ 474,735.344 Millions | $ 214,479.293 Millions | Petrobras Petroleo Brasileiro Sa | 2.10 | $ 155,525.000 Millions | $ 74,215.000 Millions | Everflow Eastern Partners Lp | 2.03 | $ 39.240 Millions | $ 19.298 Millions | Cnooc Ltd | 1.84 | $ 118,568.000 Millions | $ 64,384.000 Millions | Apa Corporation | 1.79 | $ 14,076.000 Millions | $ 7,868.000 Millions | Goodrich Petroleum Corp | 1.77 | $ 149.838 Millions | $ 84.820 Millions | Halliburton Company | 1.65 | $ 16,074.000 Millions | $ 9,762.000 Millions | Carrizo Oil and Gas Inc | 1.58 | $ 2,132.772 Millions | $ 1,348.804 Millions | Eni Spa | 1.58 | $ 84,604.800 Millions | $ 53,648.000 Millions | Abraxas Petroleum Corp | 1.57 | $ 269.451 Millions | $ 171.573 Millions | Black Stone Minerals L p | 1.55 | $ 1,297.452 Millions | $ 837.321 Millions | New Concept Energy Inc | 1.46 | $ 3.550 Millions | $ 2.426 Millions | Gb Sciences Inc | 1.46 | $ 20.832 Millions | $ 14.316 Millions | Silverbow Resources Inc | 1.42 | $ 552.960 Millions | $ 388.386 Millions | Talos Energy Inc | 1.41 | $ 1,519.812 Millions | $ 1,074.824 Millions | Schlumberger Limited | 1.39 | $ 33,737.000 Millions | $ 24,327.000 Millions | Continental Resources Inc | 1.33 | $ 9,219.370 Millions | $ 6,914.180 Millions | Primeenergy Resources Corporation | 1.31 | $ 139.890 Millions | $ 106.907 Millions | Ecopetrol S a | 1.30 | $ 19,287.396 Millions | $ 14,844.782 Millions | Vista Energy S a b De C v | 1.29 | $ 781.417 Millions | $ 603.716 Millions | Totalenergies Se | 1.29 | $ 153,989.000 Millions | $ 119,305.000 Millions | Sm Energy Co | 1.27 | $ 3,609.333 Millions | $ 2,843.750 Millions | Viper Energy Inc | 1.26 | $ 2,006.938 Millions | $ 1,593.058 Millions | Nextier Oilfield Solutions Inc | 1.24 | $ 586.823 Millions | $ 472.004 Millions | Apache Offshore Investment Partnership | 1.24 | $ 9.314 Millions | $ 7.539 Millions |
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