First National Energy (First National Energy) Gross-Profit-to-Asset % : 0.66% (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

What is First National 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. First National Energy's annualized Gross Profit for the quarter that ended in Sep. 2023 was $0.04 Mil. First National Energy's average Total Assets over the quarter that ended in Sep. 2023 was $6.02 Mil. Therefore, First National Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 0.66%.

First National Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for First National 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.

First National Energy Gross-Profit-to-Asset % Chart

First National Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

171.43

4.86

First National Energy Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Dec19	Dec20	Dec21	Sep22	Dec22	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-	-	-	9.81	0.66

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

For the Utilities - Renewable subindustry, First National 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.

First National Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First National Energy's Gross-Profit-to-Asset % distribution charts can be found below:

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

First National Energy Gross-Profit-to-Asset % Calculation

First National 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 )
	=	0.17	/	( (0.07	+	6.93)	/ 2 )
	=	0.17	/	3.5
	=	4.86 %

First National 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: Dec. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	0.04	/	( (6.93	+	5.102)	/ 2 )
	=	0.04	/	6.016
	=	0.66 %

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.

First National Energy Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of First National Energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

First National Energy (First National Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » First National Energy Corp (OTCPK:FNEC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Peter Wanner, 44 Greystone Crescent, Suite 200, Georgetown, ON, CAN, L7G 1G9

Website

https://www.firstnationalenergy.com

First National Energy Corp is engaged in the provision of wind-driven solutions for the solar and hybrid power generation market. Its projects include Zero Carbon World, Propulsion Systems, Diesel Group System, and Vertical Axis Wind Turbine. All assets of the business are located in the United States of America.

Executives

Lubi Enterprises Inc.	10 percent owner	1551 SECOND STREET, SARASOTA FL 34236
Gianni Guido Caputo	director, officer: Vice President/Secretary	2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Gregory Dale Sheller	director, officer: CEO/President/Director	2000 WEBBER STREET, #3113, SARASOTA FL 34238
Douglas Warren Lindeblom	director, officer: P,CEO	2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Peter Wanner	director, officer: Treasurer, CFO	SUITE 200, 44 GREYSTONE CRESCENT, GEORGETOWN A6 L7G 1G9

First National Energy (First National Energy) Headlines

From GuruFocus

First National Energy Corporation (FNEC) Prepares for Deployment of its Wind Turbine Technology Throughout North America

By Marketwired Marketwired • 03-08-2019

First National Energy Corp. Has Completed First Year of Testing

By Marketwired Marketwired • 06-21-2018