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New Concept Energy Inc   (GBR)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

New Concept Energy Inc 's Working Capital Ratio

GBR's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 7.56 below New Concept Energy Inc average.

Within Oil And Gas Production industry 4 other companies have achieved higher Working Capital Ratio than New Concept Energy Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 66 to 503.

Explain Working Capital Ratio
How much in Current Assets GBR´s has?
What is the value of GBR´s Current Liabilities?


GBR Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change - 1.79 % - - -
Y / Y Current Assets Change -87.86 % 1.57 % 4.8 % 5.14 % 2.7 %
Working Capital Ratio MRQ 7.56 70.51 53.17 63.62 -
GBR's Total Ranking # 503 # 66 # 78 # 0 # 0
Seq. Current Liabilities Change 12.28 % -25 % 20.63 % - -
Seq. Current Assets Change -87.96 % -0.54 % 0.82 % 0.5 % 0.78 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Oil And Gas Production Industry # 5
Energy Sector # 6
Overall Market # 503


Working Capital Ratio Statistics
High Average Low
70.66 12.45 0.12
(Jun 30 2022)   (Jun 30 2018)




Financial Statements
New Concept Energy Inc 's Current Liabilities $ 0 Millions Visit GBR's Balance sheet
New Concept Energy Inc 's Current Assets $ 0 Millions Visit GBR's Balance sheet
Source of GBR's Sales Visit GBR's Sales by Geography


Cumulative New Concept Energy Inc 's Working Capital Ratio

GBR's Working Capital Ratio for the trailling 12 Months

GBR Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth - 1.79 % - - -
Y / Y Current Assets TTM Growth -87.86 % 1.57 % 4.8 % 5.14 % 2.7 %
Working Capital Ratio TTM 48.28 81.92 82.02 132.85 278.8
Total Ranking TTM # 3313 # 1 # 0 # 0 # 0
Seq. Current Liabilities TTM Growth 12.28 % -25 % 20.63 % - -
Seq. Current Assets TTM Growth -87.96 % -0.54 % 0.82 % 0.5 % 0.78 %


On the trailing twelve months basis Due to increase in Current Liabilities in the III Quarter 2023 to $0.06 millions, cumulative Working Capital Ratio decreased to 48.28 above the GBR average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 87 other companies have achieved higher Working Capital Ratio than New Concept Energy Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 1 to 3313.

Explain Working Capital Ratio
How much in Current Assets GBR´s has?
What is the value of GBR´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 88
Energy Sector # 130
Within the Market # 3313


trailing twelve months Working Capital Ratio Statistics
High Average Low
48.28 7.46 0.19
(Sep 30 2023)   (Jun 30 2018)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Oil And Gas Production Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Texas Pacific Land Corporation  16.70 $ 790.858  Millions$ 47.370  Millions
Everflow Eastern Partners Lp  10.27 $ 36.968  Millions$ 3.600  Millions
Dorchester Minerals L p   8.15 $ 63.110  Millions$ 7.741  Millions
New Concept Energy Inc   7.56 $ 0.484  Millions$ 0.064  Millions
Epsilon Energy Ltd   7.33 $ 38.250  Millions$ 5.220  Millions
Reserve Petroleum Co  7.26 $ 14.393  Millions$ 1.983  Millions
Kimbell Royalty Partners lp  6.95 $ 105.194  Millions$ 15.145  Millions
Sitio Royalties Corp   5.96 $ 138.748  Millions$ 23.289  Millions
Viper Energy Inc   5.52 $ 262.130  Millions$ 47.491  Millions
Black Stone Minerals L p   4.94 $ 166.952  Millions$ 33.785  Millions
Ncs Multistage Holdings Inc   4.93 $ 90.064  Millions$ 18.269  Millions
Rpc inc   4.90 $ 686.439  Millions$ 140.112  Millions
Sandridge Energy Inc   4.72 $ 260.305  Millions$ 55.170  Millions
Superior Energy Services Inc   3.90 $ 727.325  Millions$ 186.345  Millions
Mammoth Energy Services Inc   3.82 $ 482.254  Millions$ 126.318  Millions
Pedevco Corp   3.58 $ 19.157  Millions$ 5.347  Millions
Nine Energy Service Inc   3.40 $ 162.540  Millions$ 47.759  Millions
Phx Minerals Inc   3.17 $ 8.378  Millions$ 2.642  Millions
Core Laboratories Inc   2.71 $ 228.544  Millions$ 84.250  Millions
Magnolia Oil and Gas Corp  2.65 $ 805.748  Millions$ 303.705  Millions
Eog Resources Inc   2.64 $ 10,258.000  Millions$ 3,888.000  Millions
Mach Natural Resources Lp  2.28 $ 169.951  Millions$ 74.427  Millions
Oceaneering International Inc  2.21 $ 1,458.590  Millions$ 661.200  Millions
Halliburton Company  2.14 $ 11,600.000  Millions$ 5,419.000  Millions
Tetra Technologies Inc   2.14 $ 270.429  Millions$ 126.540  Millions
Select Water Solutions inc   2.13 $ 470.232  Millions$ 220.669  Millions
Par Pacific Holdings Inc   2.12 $ 2,177.754  Millions$ 1,026.124  Millions
Dawson Geophysical Company  2.08 $ 32.616  Millions$ 15.689  Millions
Expro Group Holdings N v   2.04 $ 910.599  Millions$ 447.146  Millions
Altex Industries Inc  1.91 $ 2.258  Millions$ 1.182  Millions

Date modified: 2023-11-12T08:52:16+00:00



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