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Spartan Delta (TSX:SDE) Gross-Profit-to-Asset % : 23.66% (As of Mar. 2024)


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What is Spartan Delta 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. Spartan Delta's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$195.6 Mil. Spartan Delta's average Total Assets over the quarter that ended in Mar. 2024 was C$826.5 Mil. Therefore, Spartan Delta's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.66%.


Spartan Delta Gross-Profit-to-Asset % Historical Data

The historical data trend for Spartan Delta'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.

Spartan Delta Gross-Profit-to-Asset % Chart

Spartan Delta 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 -2.76 34.84 43.33 57.84 30.43

Spartan Delta 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 39.51 21.97 12.80 24.90 23.66

Competitive Comparison of Spartan Delta's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Spartan Delta'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.


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

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

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



Spartan Delta Gross-Profit-to-Asset % Calculation

Spartan Delta'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 )
=444.128/( (2099.475+819.524)/ 2 )
=444.128/1459.4995
=30.43 %

Spartan Delta'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 )
=195.6/( (819.524+833.574)/ 2 )
=195.6/826.549
=23.66 %

* 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.


Spartan Delta Gross-Profit-to-Asset % Related Terms

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Spartan Delta (TSX:SDE) Business Description

Industry
Traded in Other Exchanges
Address
308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7
Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. It operates and focuses its activities on Peace River Arch and Central Alberta.
Executives
Fotis Kalantzis Director, Senior Officer