Okeanis Eco Tankers (Okeanis Eco Tankers) Gross-Profit-to-Asset % : 13.59% (As of Dec. 2023)

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What is Okeanis Eco Tankers 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. Okeanis Eco Tankers's annualized Gross Profit for the quarter that ended in Dec. 2023 was $154.4 Mil. Okeanis Eco Tankers's average Total Assets over the quarter that ended in Dec. 2023 was $1,135.9 Mil. Therefore, Okeanis Eco Tankers's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.59%.

Okeanis Eco Tankers Gross-Profit-to-Asset % Historical Data

The historical data trend for Okeanis Eco Tankers'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.

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Okeanis Eco Tankers Gross-Profit-to-Asset % Chart

Okeanis Eco Tankers Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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5.95

12.90

4.03

11.52

19.15

Okeanis Eco Tankers 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															21.75	23.71	24.57	13.70	13.59

Competitive Comparison of Okeanis Eco Tankers's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Okeanis Eco Tankers'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.

Okeanis Eco Tankers's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okeanis Eco Tankers's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Okeanis Eco Tankers's Gross-Profit-to-Asset % falls into.

Okeanis Eco Tankers Gross-Profit-to-Asset % Calculation

Okeanis Eco Tankers'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 )
	=	221.412	/	( (1183.355	+	1129.115)	/ 2 )
	=	221.412	/	1156.235
	=	19.15 %

Okeanis Eco Tankers'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 )
	=	154.42	/	( (1142.638	+	1129.115)	/ 2 )
	=	154.42	/	1135.8765
	=	13.59 %

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.

Okeanis Eco Tankers Gross-Profit-to-Asset % Related Terms

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Okeanis Eco Tankers (Okeanis Eco Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Okeanis Eco Tankers Corp (NYSE:ECO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

OETo:Sweden OET:Norway OETo:UK 7OK:Germany 7OK:Germany

Address

Ethnarchou Makariou av, & 2 D. Falireos street, Neo Faliro, Piraeus, GRC, 18547

Website

https://www.okeanisecotankers.com

Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.