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Otto Energy (ASX:OEL) Gross-Profit-to-Asset % : 19.81% (As of Dec. 2023)


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What is Otto 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. Otto Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$16.55 Mil. Otto Energy's average Total Assets over the quarter that ended in Dec. 2023 was A$83.55 Mil. Therefore, Otto Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 19.81%.


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

The historical data trend for Otto 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.

Otto Energy Gross-Profit-to-Asset % Chart

Otto Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.70 30.14 35.14 58.60 40.56

Otto Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 42.46 69.50 45.44 29.50 19.81

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

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


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

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

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



Otto Energy Gross-Profit-to-Asset % Calculation

Otto Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=39.199/( (102.735+90.577)/ 2 )
=39.199/96.656
=40.56 %

Otto 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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=16.548/( (90.577+76.517)/ 2 )
=16.548/83.547
=19.81 %

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


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

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Otto Energy (ASX:OEL) Business Description

Industry
Traded in Other Exchanges
Address
70 Hindmarsh Square, Ground Floor, Adelaide, SA, AUS, 6005
Otto Energy Ltd is an oil and gas exploration and production company on the US Gulf Coast. Its projects include South Marsh Island 71, Lightning Field, Green Canyon 21, Eaves Field, Mosquito Bay West, and Oyster Bayou South.

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