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Gran Tierra Energy (TSX:GTE) Gross-Profit-to-Asset % : 29.87% (As of Mar. 2024)


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What is Gran Tierra 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. Gran Tierra Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$549.2 Mil. Gran Tierra Energy's average Total Assets over the quarter that ended in Mar. 2024 was C$1,838.8 Mil. Therefore, Gran Tierra Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 29.87%.


Gran Tierra Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Gran Tierra 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.

Gran Tierra Energy Gross-Profit-to-Asset % Chart

Gran Tierra Energy 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 18.42 4.46 27.92 43.25 31.46

Gran Tierra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 27.75 30.41 37.40 30.04 29.87

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

For the Oil & Gas E&P subindustry, Gran Tierra 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.


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

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

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



Gran Tierra Energy Gross-Profit-to-Asset % Calculation

Gran Tierra Energy'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 )
=565.314/( (1814.426+1779.349)/ 2 )
=565.314/1796.8875
=31.46 %

Gran Tierra Energy'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 )
=549.168/( (1779.349+1898.302)/ 2 )
=549.168/1838.8255
=29.87 %

* 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.


Gran Tierra Energy Gross-Profit-to-Asset % Related Terms

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Gran Tierra Energy (TSX:GTE) Business Description

Traded in Other Exchanges
Address
500 Centre Street South East, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
Executives
Ronald William Royal Director