Logan energy (TSXV:LGN) Gross-Profit-to-Asset % : 24.14% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Logan 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. Logan energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$57.87 Mil. Logan energy's average Total Assets over the quarter that ended in Mar. 2024 was C$239.71 Mil. Therefore, Logan energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.14%.

Logan energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Logan 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.

Logan energy Gross-Profit-to-Asset % Chart

Logan energy Annual Data

Trend

Dec22

Dec23

Gross-Profit-to-Asset %

67.09

39.68

Logan energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			9.87	34.02	24.10	91.74	24.14

Competitive Comparison of Logan energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Logan 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.

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

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

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

Logan energy Gross-Profit-to-Asset % Calculation

Logan 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 )
	=	72.718	/	( (131.903	+	234.638)	/ 2 )
	=	72.718	/	183.2705
	=	39.68 %

Logan 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 )
	=	57.872	/	( (234.638	+	244.787)	/ 2 )
	=	57.872	/	239.7125
	=	24.14 %

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.

Logan energy Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Logan energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Logan energy (TSXV:LGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy corp (TSXV:LGN) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

LOECF:USA R76:Germany

Address

308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4

Website

https://www.loganenergycorp.com

Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

Logan energy (TSXV:LGN) Headlines

No Headlines