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Alvopetro Energy (Alvopetro Energy) Gross-Profit-to-Asset % : 41.05% (As of Dec. 2023)


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What is Alvopetro 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. Alvopetro Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $46.19 Mil. Alvopetro Energy's average Total Assets over the quarter that ended in Dec. 2023 was $112.52 Mil. Therefore, Alvopetro Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 41.05%.


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

The historical data trend for Alvopetro 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.

Alvopetro Energy Gross-Profit-to-Asset % Chart

Alvopetro 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 -0.44 9.44 27.31 56.34 44.32

Alvopetro Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.57 56.63 39.26 32.59 41.05

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

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


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

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

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



Alvopetro Energy Gross-Profit-to-Asset % Calculation

Alvopetro 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 )
=46.151/( (98.427+109.825)/ 2 )
=46.151/104.126
=44.32 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=46.188/( (115.208+109.825)/ 2 )
=46.188/112.5165
=41.05 %

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


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Alvopetro Energy (Alvopetro Energy) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 1K3
Alvopetro Energy Ltd is a Canada-based resource company engaged in the exploration, acquisition, development, and production of hydrocarbons in Brazil. It generates revenue from Natural gas, oil, and condensate sales, and all of its revenue is derived from Brazil. All natural gas, oil and condensate sales revenue is derived from Brazilian operations. All exploration and evaluation assets and all material property, plant and equipment are located in Brazil.