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Approach Resources Inc (AREX) |
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Approach Resources Inc's Total Debt to Equity
AREX's quarterly Total Debt to Equity and Total Debt, Equity growth
Due to net new borrowings of 0.06%, Total Debt to Equity fell to 0.75, above the Approach Resources Inc's average Total Debt to Equity.
Within Oil And Gas Production industry in the third quarter 2019, 66 other companies have achieved lower Total Debt to Equity than Approach Resources Inc in the III Quarter 2019. While Total Debt to Equity total ranking has deteriorated compared to the second quarter 2019 from 1586 to 2107 .
Explain Debt to Equity Ratio?
What is the structure of AREX´s Total Debt?
How valuable is the AREX´s Equity?
Select the Comparisons :
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Select the Ratio:
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AREX Total Debt to Equity |
(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 Debt Change |
7.27 % |
6.71 % |
8.29 % |
3.09 % |
0.94 % |
Total Debt to Equity MRQ |
0.75 |
0.73 |
0.71 |
0.65 |
0.64 |
AREX's Total
Ranking |
# 2107 |
# 1586 |
# 1493 |
# 1893 |
# 1658 |
Seq. Equity Change |
-3.39 % |
-2.33 % |
-2.95 % |
0.25 % |
-0.58 % |
Seq. Total Debt Change |
0.06 % |
0.06 % |
5.39 % |
1.65 % |
-0.46 % |
Total Debt to Equity third quarter 2019 Company Ranking |
Within: |
No. |
Oil And Gas Production Industry |
# 67 |
Energy Sector |
# 119 |
Overall Market |
# 2107 |
Total Debt to Equity Statistics |
High |
Average |
Low |
0.89 |
0.56 |
0.08 |
(Dec 31 2016) |
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(Sep 30 2012) |
Cumulative Approach Resources Inc's Total Debt to Equity
AREX's Total Debt to Equity for the trailling 12 Months
AREX Total Debt to Equity |
(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 Debt TTM Growth |
7.27 % |
6.71 % |
8.29 % |
3.09 % |
0.94 % |
Total Debt to Equity TTM |
0.71 |
0.68 |
0.66 |
0.64 |
0.63 |
Total
Ranking TTM |
# 2098
| # 1868
| # 1381
| # 2130
| # 175
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Seq. Equity TTM Growth |
-3.39 % |
-2.33 % |
-2.95 % |
0.25 % |
-0.58 % |
Seq. Total Debt TTM Growth |
0.06 % |
0.06 % |
5.39 % |
1.65 % |
-0.46 % |
On the trailing twelve months basis Due to the net new borrowings of 0.06% during the trailing twelve months finishing in the III Quarter 2019, cumulativeTotal Debt to Equity improved to 0.71, above the Approach Resources Inc's average Total Debt to Equity. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Oil And Gas Production industry 77, during the past 12 months, other companies have achieved lower Total Debt to Equity than Approach Resources Inc. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2019, compared to the prior period, from 1868 to 2098.
Explain Debt to Equity Ratio?
What is the structure of AREX´s Total Debt?
How valuable is the AREX´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Oil And Gas Production Industry |
# 78 |
Energy Sector |
# 113 |
Within the Market |
# 2098 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
0.86 |
0.67 |
0.38 | (Dec 31 2016) |
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(Sep 30 2014) |
Companies with similar Total Debt to Equity in the quarter ending Sep 30 2019, within Oil And Gas Production Industry | Total Debt to Equity | Sep 30 2019 MRQ Total Debt | Sep 30 2019 MRQ Equity | North American Construction Group Ltd | 2.01 | $ 276.651 Millions | $ 137.971 Millions | Chesapeake Energy Corporation | 1.97 | $ 9,341.000 Millions | $ 4,735.000 Millions | Denbury Inc | 1.86 | $ 2,510.309 Millions | $ 1,346.120 Millions | Battalion Oil Corp | 1.74 | $ 258.234 Millions | $ 148.431 Millions | U.s. Well Services Inc. | 1.53 | $ 294.770 Millions | $ 192.155 Millions | Core Laboratories Inc | 1.53 | $ 297.148 Millions | $ 194.561 Millions | Victory Oilfield Tech Inc | 1.43 | $ 0.947 Millions | $ 0.663 Millions | Carrizo Oil and Gas Inc | 1.30 | $ 1,755.378 Millions | $ 1,348.804 Millions | Silverbow Resources Inc | 1.25 | $ 486.203 Millions | $ 388.386 Millions | Semgroup Corporation | 1.20 | $ 2,493.238 Millions | $ 2,073.702 Millions | Abraxas Petroleum Corp | 1.17 | $ 201.159 Millions | $ 171.573 Millions | Goodrich Petroleum Corp | 1.17 | $ 98.822 Millions | $ 84.820 Millions | Occidental Petroleum Corporation | 1.16 | $ 47,614.000 Millions | $ 41,005.000 Millions | Par Pacific Holdings Inc | 1.11 | $ 642.421 Millions | $ 579.510 Millions | Apa Corporation | 1.07 | $ 8,412.000 Millions | $ 7,868.000 Millions | Halliburton Company | 1.06 | $ 10,313.000 Millions | $ 9,762.000 Millions | Mid con Energy Partners Lp | 1.00 | $ 65.000 Millions | $ 64.784 Millions | Vital Energy inc | 0.91 | $ 979.972 Millions | $ 1,079.252 Millions | Mach Natural Resources Lp | 0.83 | $ 839.928 Millions | $ 1,011.043 Millions | Petrobras Petroleo Brasileiro Sa | 0.81 | $ 60,141.000 Millions | $ 74,215.000 Millions | Continental Resources Inc | 0.81 | $ 5,570.829 Millions | $ 6,914.180 Millions | Brigham Minerals Inc | 0.76 | $ 45.000 Millions | $ 59.478 Millions | Jagged Peak Energy Inc | 0.75 | $ 705.269 Millions | $ 935.870 Millions | Approach Resources Inc | 0.75 | $ 406.278 Millions | $ 539.649 Millions | Qep Resources Inc | 0.75 | $ 2,081.100 Millions | $ 2,770.000 Millions | Klx Energy Services Holdings Inc | 0.74 | $ 242.800 Millions | $ 328.700 Millions | Southwestern Energy Company | 0.72 | $ 2,271.000 Millions | $ 3,135.000 Millions | Chord Energy Corporation | 0.72 | $ 2,798.859 Millions | $ 3,899.661 Millions | Nextier Oilfield Solutions Inc | 0.72 | $ 338.317 Millions | $ 472.004 Millions | Encana Corp | 0.71 | $ 7,024.000 Millions | $ 9,921.000 Millions |
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