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Athabasca Oil (Athabasca Oil) Gross-Profit-to-Asset % : 27.48% (As of Dec. 2023)


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What is Athabasca Oil Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Athabasca Oil's annualized Gross Profit for the quarter that ended in Dec. 2023 was $423.2 Mil. Athabasca Oil's average Total Assets over the quarter that ended in Dec. 2023 was $1,540.4 Mil. Therefore, Athabasca Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 27.48%.


Athabasca Oil Gross-Profit-to-Asset % Historical Data

The historical data trend for Athabasca Oil's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Athabasca Oil Gross-Profit-to-Asset % Chart

Athabasca Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.59 9.24 35.65 35.84 27.89

Athabasca Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.26 19.50 24.91 38.68 27.48

Competitive Comparison of Athabasca Oil's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Athabasca Oil's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Athabasca Oil's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Athabasca Oil's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Athabasca Oil's Gross-Profit-to-Asset % falls into.



Athabasca Oil Gross-Profit-to-Asset % Calculation

Athabasca Oil's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=441.892/( (1641.777+1527.009)/ 2 )
=441.892/1584.393
=27.89 %

Athabasca Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=423.232/( (1553.72+1527.009)/ 2 )
=423.232/1540.3645
=27.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Athabasca Oil Gross-Profit-to-Asset % Related Terms

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Athabasca Oil (Athabasca Oil) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.