GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ring Energy Inc (FRA:KWE1) » Definitions » Gross-Profit-to-Asset %

Ring Energy (FRA:KWE1) Gross-Profit-to-Asset % : 8.46% (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Ring 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. Ring Energy's annualized Gross Profit for the quarter that ended in Mar. 2025 was €115.8 Mil. Ring Energy's average Total Assets over the quarter that ended in Mar. 2025 was €1,368.7 Mil. Therefore, Ring Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 8.46%.


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

The historical data trend for Ring 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.

Ring Energy Gross-Profit-to-Asset % Chart

Ring Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 17.39 23.05 13.19 12.06

Ring Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.19 14.45 10.34 9.58 8.46

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

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


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

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

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


;
;

Ring Energy Gross-Profit-to-Asset % Calculation

Ring Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=157.214/( (1262.247+1344.735)/ 2 )
=157.214/1303.491
=12.06 %

Ring Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=115.816/( (1344.735+1392.689)/ 2 )
=115.816/1368.712
=8.46 %

* 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. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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


Ring Energy Business Description

Industry
Traded in Other Exchanges
Address
1725 Hughes Landing Boulevard, Suite 900, The Woodlands, TX, USA, 77380
Ring Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the oil and liquid rich producing formations in the Northwest Shelf, the Central Basin Platform and the Delaware Basin all of which are part of the Permian Basin in Texas.

Ring Energy Headlines

No Headlines