AGR Summary
Approach Resources Inc.
(NASD:AREX)
Average
(61)
| Industry: | Oil / Gas Exploration / Production | Period End: | Mar 31, 2010 (Fiscal 2010 Q-1) | Statement Filing: | May 6, 2010 (10-Q) |
|---|---|---|---|---|---|
| Market Cap: | USD 160.3mm (Micro Cap) | Last Audit: | Hein & Associates | Rating Published: | Jun 18, 2010 |
OVERVIEW
Approach Resources Inc.
is currently rated as having
Average Accounting & Governance Risk (AGR).
This places them in the 61st
percentile among all companies, indicating higher accounting and governance risk than
39% of companies.
RISK SUMMARY
The forensic risk summary highlights material risks, if any, and lists the most material red flagged metric for each risk. AGR Impact shows the relative weight of the various red flagged metrics by risk type.
| Risk | AGR Impact | Top Flagged Metric |
|---|---|---|
| Corporate Governance Events | 0.0% | |
| High Risk Events | 0.0% | |
| Revenue Recognition | 0.0% | |
| Expense Recognition | 82.1% | Cost of Goods Sold/Revenue |
| Asset-Liability Valuation | 17.9% | Asset Turnover |