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Saudi Aramco Base Oil Co - Luberef (SAU:2223) Gross-Profit-to-Asset % : 14.64% (As of Mar. 2024)


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What is Saudi Aramco Base Oil Co - Luberef 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. Saudi Aramco Base Oil Co - Luberef's annualized Gross Profit for the quarter that ended in Mar. 2024 was ﷼1,255 Mil. Saudi Aramco Base Oil Co - Luberef's average Total Assets over the quarter that ended in Mar. 2024 was ﷼8,576 Mil. Therefore, Saudi Aramco Base Oil Co - Luberef's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.64%.


Saudi Aramco Base Oil Co - Luberef Gross-Profit-to-Asset % Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef Gross-Profit-to-Asset % Chart

Saudi Aramco Base Oil Co - Luberef Annual Data
Trend Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
24.41 28.62 21.24

Saudi Aramco Base Oil Co - Luberef Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 24.06 17.06 15.67 14.64

Competitive Comparison of Saudi Aramco Base Oil Co - Luberef's Gross-Profit-to-Asset %

For the Oil & Gas Refining & Marketing subindustry, Saudi Aramco Base Oil Co - Luberef'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.


Saudi Aramco Base Oil Co - Luberef's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Saudi Aramco Base Oil Co - Luberef's Gross-Profit-to-Asset % falls into.



Saudi Aramco Base Oil Co - Luberef Gross-Profit-to-Asset % Calculation

Saudi Aramco Base Oil Co - Luberef'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 )
=1858.369/( (8644.817+8856.47)/ 2 )
=1858.369/8750.6435
=21.24 %

Saudi Aramco Base Oil Co - Luberef's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1255.304/( (8856.47+8296.04)/ 2 )
=1255.304/8576.255
=14.64 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Traded in Other Exchanges
N/A
Address
Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432
Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Headlines

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