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Surge Energy (Surge Energy) Gross-Profit-to-Asset % : 26.91% (As of Sep. 2023)


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What is Surge 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. Surge Energy's annualized Gross Profit for the quarter that ended in Sep. 2023 was $302.3 Mil. Surge Energy's average Total Assets over the quarter that ended in Sep. 2023 was $1,123.2 Mil. Therefore, Surge Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 26.91%.


Surge Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Surge 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.

Surge Energy Gross-Profit-to-Asset % Chart

Surge Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.47 12.38 8.24 24.61 32.00

Surge Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 35.21 30.99 23.49 23.02 26.91

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

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


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

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

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



Surge Energy Gross-Profit-to-Asset % Calculation

Surge Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=341.999/( (996.443+1141.021)/ 2 )
=341.999/1068.732
=32.00 %

Surge Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=302.256/( (1138.574+1107.744)/ 2 )
=302.256/1123.159
=26.91 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Surge Energy Gross-Profit-to-Asset % Related Terms

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Surge Energy (Surge Energy) Business Description

Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

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