APPROACH RESOURCES INC Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2019-09-30..
- Stock-based compensation / revenue · 12 months: Value 1.49%; Formula and calculation Share-based compensation / revenue. Period ending 2019-09-30..
- Interest coverage · 12 months: Value -1.41×; Formula and calculation Operating income ÷ reported interest expense..
Spending and interest coverage
Overview →Financial period ending 2019-09-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2019-09-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 1.49% | Share-based compensation / revenue. Period ending 2019-09-30. $1.07M ÷ $71.75M × 100 ≈ 1.49% |
| Interest coverage · 12 months | -1.41× | Operating income ÷ reported interest expense. $-40.09M ÷ $28.41M ≈ -1.41× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 71.75M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 1.07M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | -40.09M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | 28.41M USD | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: Reported. Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2019-09-30 | (m) | $71.75M | $1.07M | $-40.09M | $28.41M | (m) | 1.49% | -1.41× | Reported |
| 2019-06-30 | (m) | $88.90M | $1.45M | $-18.75M | $27.23M | (m) | 1.63% | -0.69× | Reported |
| 2019-03-31 | (m) | $104.51M | $1.82M | $-9.00M | $26.00M | (m) | 1.75% | -0.35× | Reported |
| 2018-12-31 | (m) | $114.03M | $3.05M | $1.21M | $25.12M | (m) | 2.67% | 0.05× | Reported |
| 2018-09-30 | (m) | (m) | $3.26M | $2.14M | $23.89M | (m) | (m) | 0.09× | Reported |
| 2018-06-30 | (m) | (m) | $3.95M | $-6.34M | $22.74M | (m) | (m) | -0.28× | Reported |
| 2018-03-31 | (m) | (m) | $4.33M | $-15.85M | $21.48M | (m) | (m) | -0.74× | Reported |
| 2017-12-31 | (m) | $105.35M | $4.66M | $-19.71M | $21.05M | (m) | 4.42% | -0.94× | Reported |
| 2017-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-12-31 | (m) | $90.30M | $6.28M | $-44.87M | $27.26M | (m) | 6.95% | -1.65× | Reported |
| 2016-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | (m) | $7.95M | $-272.45M | $25.07M | (m) | (m) | -10.87× | Reported |
| 2015-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-12-31 | (m) | (m) | $8.25M | $67.16M | $21.65M | (m) | (m) | 3.10× | Reported |
| 2014-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-12-31 | (m) | (m) | $5.90M | $43.59M | $14.08M | (m) | (m) | 3.10× | Reported |
| 2013-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-12-31 | (m) | (m) | (m) | $10.80M | $4.74M | (m) | (m) | 2.28× | Reported |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | (m) | $6.08M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | (m) | (m) | $4.68M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | (m) | $2.63M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | (m) | $1.83M | $-8.99M | (m) | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.