Vitesse Energy (MEX:VTS) Gross-Profit-to-Asset % : 10.47% (As of Mar. 2024)

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What is Vitesse 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. Vitesse Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was MXN1,332 Mil. Vitesse Energy's average Total Assets over the quarter that ended in Mar. 2024 was MXN12,722 Mil. Therefore, Vitesse Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.47%.

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

The historical data trend for Vitesse 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.

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Vitesse Energy Gross-Profit-to-Asset % Chart

Vitesse Energy Annual Data

Trend

Nov19

Nov20

Nov21

Dec22

Dec23

Gross-Profit-to-Asset %

-1.91

10.95

24.39

11.94

Vitesse Energy Quarterly Data
	Nov19	Nov20	Aug21	Nov21	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial						14.33	10.43	11.68	13.82	10.47

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

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

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

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

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

Vitesse Energy Gross-Profit-to-Asset % Calculation

Vitesse 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 )
	=	1545.013	/	( (12876.796	+	13001.765)	/ 2 )
	=	1545.013	/	12939.2805
	=	11.94 %

Vitesse 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 )
	=	1331.552	/	( (13001.765	+	12442.727)	/ 2 )
	=	1331.552	/	12722.246
	=	10.47 %

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.

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

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Vitesse Energy (MEX:VTS) Business Description

Industry

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VTS:USA

Address

9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112

Website

https://www.vitesse-vts.com

Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.