Basic Energy Services Inc Quick Ratio (BASX) starting from the first quarter 2021 to first quarter 2020, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Basic Energy Services Inc   (BASX)
    Sector • Energy    Industry • Oil And Gas Production
   Industry • Oil And Gas Production
   Sector • Energy

Basic Energy Services Inc 's Quick Ratio

BASX's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Basic Energy Services Inc 's Cash & cash equivalent grew by 157.05 % in the Q1 2021 sequentially, faster than Current Liabilities, this led to improvement in Basic Energy Services Inc 's Quick Ratio to 0.03, Quick Ratio remained below Basic Energy Services Inc average.

Within Oil And Gas Production industry 107 other companies have achieved higher Quick Ratio than Basic Energy Services Inc in first quarter 2021. While Quick Ratio total ranking in the first quarter 2021 has deteriorated compared to the prior quarter from 4708 to 5218.

Explain Quick Ratio?
How much Cash & cash equivalents BASX´s has?
What are BASX´s Current Liabilities?




BASX Quick Ratio (Mar 31 2021)
Q1
(Dec 31 2020)
Q4
(Sep 30 2020)
Q3
(Jun 30 2020)
Q2
(Mar 31 2020)
Q1
Y / Y Current Liabilities Change -1.59 % 12.06 % 0.82 % -9.53 % 1.13 %
Y / Y Cash & cash equivalent Change -76.8 % -94.75 % -86.51 % -79.6 % -66.96 %
Quick Ratio MRQ 0.03 0.01 0.04 0.07 0.12
BASX's Total Ranking # 5218 # 4708 # 5131 # 2965 # 3511
Seq. Current Liabilities Change 6.25 % -4.38 % 14 % -15.04 % 21 %
Seq. Cash & cash equivalent Change 157.05 % -72.05 % -37.88 % -48.01 % -41.8 %



Quick Ratio first quarter 2021 Company Ranking
Within: No.
Oil And Gas Production Industry # 108
Energy Sector # 161
Overall Market # 5218


Quick Ratio Statistics
High Average Low
0.76 0.39 0.01
(Dec 31 2012)   (Dec 31 2020)




Financial Statements
Basic Energy Services Inc 's Current Liabilities $ 171 Millions Visit BASX's Balance sheet
Basic Energy Services Inc 's Cash & cash equivalent $ 5 Millions Visit BASX's Balance sheet
Source of BASX's Sales Visit BASX's Sales by Geography


Cumulative Basic Energy Services Inc 's Quick Ratio

BASX's Quick Ratio for the trailling 12 Months

BASX Quick Ratio

(Mar 31 2021)
12 Months
(Dec 31 2020)
12 Months
(Sep 30 2020)
12 Months
(Jun 30 2020)
12 Months
(Mar 31 2020)
12 Months
Y / Y Current Liabilities TTM Growth 0.05 % 0.78 % -7.29 % -12.19 % -14.83 %
Y / Y Cash & cash equivalent TTM Growth -84.79 % -80.05 % -70.94 % -50.26 % -25.12 %
Quick Ratio TTM 0.04 0.06 0.12 0.19 0.25
Total Ranking TTM # 5167 # 3872 # 2486 # 5062 # 4288
Seq. Current Liabilities TTM Growth -0.43 % 2.73 % 0.22 % -2.4 % 0.3 %
Seq. Cash & cash equivalent TTM Growth -39.73 % -45.72 % -36.77 % -26.48 % -20.92 %


On the trailing twelve months basis In spite of the year on year decrease in BASX's Current Liabilities to $170.67 millions, cumulative Quick Ratio to 0.04 below the BASX average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 129 other companies have achieved higher Quick Ratio than Basic Energy Services Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2020 from 3872 to 5167.

Explain Quick Ratio?
How much Cash & cash equivalents BASX´s has?
What are BASX´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 130
Energy Sector # 185
Within the Market # 5167


trailing twelve months Quick Ratio Statistics
High Average Low
0.63 0.34 0.04
(Jun 30 2014)   (Mar 31 2021)




Companies with similar Quick Ratio in the quarter ending Mar 31 2021, within Oil And Gas Production Industry Quick RatioMar 31 2021 MRQ Cash & cash equivalentMar 31 2021 MRQ Current Liabilities
Continental Resources Inc  0.08 $ 96.057  Millions$ 1,232.242  Millions
Diamondback Energy Inc   0.07 $ 140.000  Millions$ 1,868.000  Millions
Black Stone Minerals L p   0.07 $ 3.789  Millions$ 56.784  Millions
Cnx Resources Corporation  0.07 $ 30.343  Millions$ 457.907  Millions
Pdc Energy Inc   0.06 $ 59.067  Millions$ 943.567  Millions
Whiting Petroleum Corp  0.06 $ 27.104  Millions$ 441.066  Millions
Permian Resources Corporation  0.06 $ 10.936  Millions$ 191.494  Millions
Victory Clean Energy Inc   0.06 $ 0.227  Millions$ 4.027  Millions
Matador Resources Company  0.05 $ 17.924  Millions$ 376.412  Millions
Silverbow Resources Inc   0.05 $ 3.419  Millions$ 75.165  Millions
Ranger Energy Services inc   0.04 $ 1.500  Millions$ 35.300  Millions
Eqt Corporation  0.04 $ 40.670  Millions$ 1,098.969  Millions
Callon Petroleum Co  0.04 $ 24.350  Millions$ 672.049  Millions
Redhawk Holdings Corp   0.03 $ 0.072  Millions$ 2.060  Millions
Basic Energy Services Inc   0.03 $ 4.889  Millions$ 170.668  Millions
Expand Energy Corporation  0.03 $ 40.000  Millions$ 1,432.000  Millions
Goodrich Petroleum Corp  0.02 $ 1.178  Millions$ 52.724  Millions
Ring Energy Inc   0.02 $ 1.701  Millions$ 80.959  Millions
Abraxas Petroleum Corp  0.02 $ 4.273  Millions$ 227.056  Millions
Petrolia Energy Corporation  0.02 $ 0.098  Millions$ 6.054  Millions
Earthstone Energy Inc   0.02 $ 1.447  Millions$ 90.721  Millions
Hess Midstream Lp  0.02 $ 1.500  Millions$ 94.300  Millions
Denbury Inc   0.02 $ 5.647  Millions$ 360.772  Millions
Evolve Transition Infrastructure Lp  0.02 $ 1.626  Millions$ 107.709  Millions
Battalion Oil Corp  0.01 $ 1.671  Millions$ 118.567  Millions
Sustainable Projects Group Inc   0.01 $ 0.002  Millions$ 0.184  Millions
Prestige Capital Corporation  0.01 $ 0.003  Millions$ 0.244  Millions
Blue Dolphin Energy Co  0.01 $ 0.631  Millions$ 77.321  Millions
Daybreak Oil And Gas Inc   0.01 $ 0.034  Millions$ 4.469  Millions

Date modified: 2026-09-26T06:59:18+00:00



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