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Trinidad Drilling (Trinidad Drilling) Gross-Profit-to-Asset % : 17.38% (As of Sep. 2018)


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What is Trinidad Drilling 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. Trinidad Drilling's annualized Gross Profit for the quarter that ended in Sep. 2018 was $213.7 Mil. Trinidad Drilling's average Total Assets over the quarter that ended in Sep. 2018 was $1,229.9 Mil. Therefore, Trinidad Drilling's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2018 was 17.38%.

Trinidad Drilling Gross-Profit-to-Asset % Historical Data

The historical data trend for Trinidad Drilling'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.

Trinidad Drilling Gross-Profit-to-Asset % Chart

Trinidad Drilling Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 16.07 9.78 7.68 8.28

Trinidad Drilling Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 8.10 9.87 -1.37 8.17 17.38

Competitive Comparison of Trinidad Drilling's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Trinidad Drilling'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.

Trinidad Drilling's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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


Trinidad Drilling Gross-Profit-to-Asset % Calculation

Trinidad Drilling's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2017 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=123.205/( (1485.925+1490.934)/ 2 )
=123.205/1488.4295
=8.28 %

Trinidad Drilling's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2018 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=213.712/( (1409.473+1050.298)/ 2 )
=213.712/1229.8855
=17.38 %

* 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. 2018) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Trinidad Drilling Gross-Profit-to-Asset % Related Terms

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Trinidad Drilling (Trinidad Drilling) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad Drilling Ltd (OTCPK:TDGCF) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
SZSE:002828 STC:PVD IST:IPEKE TSX:PD TSX:ESI OSL:SHLF NE OSL:NODL PACD MIC:VJGZ TSX:PHX SDRL OSL:AWDR KUW:ABAR ISX:APEX ICD OSL:ARCHER LSE:BLVN UNT TSX:AKT.A
Traded in Other Exchanges
N/A
Address
Website
http://www.trinidaddrilling.com
Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.

Trinidad Drilling (Trinidad Drilling) Headlines

From GuruFocus

Trinidad Drilling Ltd. Shows Progress on Strategic Review with Sale of Saudi Arabian Rigs

By GlobeNewswire GlobeNewswire • 04-12-2018