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New Zealand Energy (New Zealand Energy) Gross-Profit-to-Asset % : -7.05% (As of Dec. 2023)


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What is New Zealand 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. New Zealand Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-0.75 Mil. New Zealand Energy's average Total Assets over the quarter that ended in Dec. 2023 was $10.61 Mil. Therefore, New Zealand Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -7.05%.


New Zealand Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for New Zealand 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.

New Zealand Energy Gross-Profit-to-Asset % Chart

New Zealand 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 19.75 9.84 2.26 10.48 -2.39

New Zealand Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.11 2.75 -6.16 -0.28 -7.05

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

For the Oil & Gas E&P subindustry, New Zealand 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.


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

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

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



New Zealand Energy Gross-Profit-to-Asset % Calculation

New Zealand 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 )
=-0.276/( (11.699+11.381)/ 2 )
=-0.276/11.54
=-2.39 %

New Zealand Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.748/( (9.829+11.381)/ 2 )
=-0.748/10.605
=-7.05 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


New Zealand Energy Gross-Profit-to-Asset % Related Terms

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New Zealand Energy (New Zealand Energy) Business Description

Traded in Other Exchanges
Address
119-125 Devon Street East, P.O. Box 8440, Level 2, New Plymouth, NTL, NZL, 4310
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates most of its revenues from Oil sales.

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