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PGS ASA (LTS:0MHR) Gross-Profit-to-Asset % : 8.23% (As of Mar. 2024)


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What is PGS ASA 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. PGS ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr1,562 Mil. PGS ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr18,982 Mil. Therefore, PGS ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.23%.


PGS ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for PGS ASA'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.

PGS ASA Gross-Profit-to-Asset % Chart

PGS ASA 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 5.21 -1.42 -0.47 8.45 8.33

PGS ASA 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 -0.84 8.74 5.10 21.44 8.23

Competitive Comparison of PGS ASA's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, PGS ASA'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.


PGS ASA's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



PGS ASA Gross-Profit-to-Asset % Calculation

PGS ASA'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 )
=1601.399/( (19298.799+19164.04)/ 2 )
=1601.399/19231.4195
=8.33 %

PGS ASA'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 )
=1562.1/( (19164.04+18799.335)/ 2 )
=1562.1/18981.6875
=8.23 %

* 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.


PGS ASA Gross-Profit-to-Asset % Related Terms

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PGS ASA (LTS:0MHR) Business Description

Industry
Address
Lilleakerveien 4C, Oslo, NOR, 0283
PGS ASA provides images and 3D models of the subsurface beneath the ocean floor. Oil-market participants use PGS services to find oil and gas reserves. The company's complete line of products includes seismic, electromagnetic, and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The majority of revenue is derived from the multiclient segment where it initiates and manages seismic surveys, which PGS acquires, processes, markets, and sells to multiple customers on a nonexclusive basis. Products and services are offered in offshore markets around the world. Geographically, the majority is derived from Norway.

PGS ASA (LTS:0MHR) Headlines

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