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Razor Energy (Razor Energy) Gross-Profit-to-Asset % : 38.58% (As of Sep. 2023)


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What is Razor Energy 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. Razor Energy's annualized Gross Profit for the quarter that ended in Sep. 2023 was $50.36 Mil. Razor Energy's average Total Assets over the quarter that ended in Sep. 2023 was $130.53 Mil. Therefore, Razor Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 38.58%.


Razor Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Razor Energy'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.

* Premium members only.

Razor Energy Gross-Profit-to-Asset % Chart

Razor Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.51 31.98 17.38 26.00 39.70

Razor Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 39.65 43.93 33.31 30.89 38.58

Competitive Comparison of Razor Energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Razor Energy'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.


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

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

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



Razor Energy Gross-Profit-to-Asset % Calculation

Razor Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=66.43/( (186.848+147.781)/ 2 )
=66.43/167.3145
=39.70 %

Razor Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=50.36/( (138.129+122.927)/ 2 )
=50.36/130.528
=38.58 %

* 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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Razor Energy Gross-Profit-to-Asset % Related Terms

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Razor Energy (Razor Energy) Business Description

Traded in Other Exchanges
Address
500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5
Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

Razor Energy (Razor Energy) Headlines