GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gear Energy Ltd (FRA:0GY) » Definitions » Gross-Profit-to-Asset %

Gear Energy (FRA:0GY) Gross-Profit-to-Asset % : 23.74% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Gear 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. Gear Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was €54.8 Mil. Gear Energy's average Total Assets over the quarter that ended in Mar. 2024 was €230.7 Mil. Therefore, Gear Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.74%.


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

The historical data trend for Gear 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.

Gear Energy Gross-Profit-to-Asset % Chart

Gear 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 18.52 7.97 28.27 37.51 25.03

Gear Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.22 23.99 29.43 23.86 23.74

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

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


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

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

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



Gear Energy Gross-Profit-to-Asset % Calculation

Gear 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 )
=59.381/( (242.799+231.591)/ 2 )
=59.381/237.195
=25.03 %

Gear Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=54.764/( (231.591+229.846)/ 2 )
=54.764/230.7185
=23.74 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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


Gear Energy (FRA:0GY) Business Description

Industry
Traded in Other Exchanges
Address
205 - 5th Avenue S.W., Suite 800, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
Gear Energy Ltd is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company's oil-focused operations are located in three core areas; Lloydminster Heavy Oil, Western Alberta Light/Medium Oil, and Southeast Saskatchewan Light Oil.

Gear Energy (FRA:0GY) Headlines

No Headlines