GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Petroleum Investment Co KSCC (KUW:GPI) » Definitions » Gross-Profit-to-Asset %

Gulf Petroleum Investment Co KSCC (KUW:GPI) Gross-Profit-to-Asset % : 6.33% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Gulf Petroleum Investment Co KSCC 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. Gulf Petroleum Investment Co KSCC's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD2.29 Mil. Gulf Petroleum Investment Co KSCC's average Total Assets over the quarter that ended in Mar. 2024 was KWD36.16 Mil. Therefore, Gulf Petroleum Investment Co KSCC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.33%.


Gulf Petroleum Investment Co KSCC Gross-Profit-to-Asset % Historical Data

The historical data trend for Gulf Petroleum Investment Co KSCC'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.

Gulf Petroleum Investment Co KSCC Gross-Profit-to-Asset % Chart

Gulf Petroleum Investment Co KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.86 3.11 6.52 5.00

Gulf Petroleum Investment Co KSCC 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 3.38 3.14 3.13 7.79 6.33

Competitive Comparison of Gulf Petroleum Investment Co KSCC's Gross-Profit-to-Asset %

For the Oil & Gas Refining & Marketing subindustry, Gulf Petroleum Investment Co KSCC'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.


Gulf Petroleum Investment Co KSCC's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulf Petroleum Investment Co KSCC's Gross-Profit-to-Asset % falls into.



Gulf Petroleum Investment Co KSCC Gross-Profit-to-Asset % Calculation

Gulf Petroleum Investment Co KSCC'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 )
=1.922/( (40.344+36.581)/ 2 )
=1.922/38.4625
=5.00 %

Gulf Petroleum Investment Co KSCC'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 )
=2.288/( (36.581+35.73)/ 2 )
=2.288/36.1555
=6.33 %

* 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.


Gulf Petroleum Investment Co KSCC Gross-Profit-to-Asset % Related Terms

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


Gulf Petroleum Investment Co KSCC (KUW:GPI) Business Description

Traded in Other Exchanges
N/A
Address
Al-Qibla, Block 5, Building 4, Floor 16, Office 10, Behbehani Real Estate Company, Kuwait City, KWT, 13086
Gulf Petroleum Investment Co KSCC is a company operating in the oil industry. It mainly focuses on services in the Oil, Gas and Petrochemical sectors with activities including Engineering and consulting for upstream and downstream related projects, Oilfield services drilling and Supply of all equipment.