GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prairie Provident Resources Inc (OTCPK:PRPRF) » Definitions » Gross-Profit-to-Asset %

Prairie Provident Resources (Prairie Provident Resources) Gross-Profit-to-Asset % : 0.74% (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Prairie Provident Resources 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. Prairie Provident Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was $0.76 Mil. Prairie Provident Resources's average Total Assets over the quarter that ended in Mar. 2024 was $103.62 Mil. Therefore, Prairie Provident Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 0.74%.


Prairie Provident Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Prairie Provident Resources'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.

Prairie Provident Resources Gross-Profit-to-Asset % Chart

Prairie Provident Resources 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 -0.42 -7.60 4.81 13.15 4.00

Prairie Provident Resources 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 -0.54 9.65 6.89 0.18 0.74

Competitive Comparison of Prairie Provident Resources's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Prairie Provident Resources'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.


Prairie Provident Resources's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Prairie Provident Resources's Gross-Profit-to-Asset % falls into.



Prairie Provident Resources Gross-Profit-to-Asset % Calculation

Prairie Provident Resources'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 )
=5.784/( (164.247+124.727)/ 2 )
=5.784/144.487
=4.00 %

Prairie Provident Resources'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 )
=0.764/( (124.727+82.513)/ 2 )
=0.764/103.62
=0.74 %

* 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.


Prairie Provident Resources Gross-Profit-to-Asset % Related Terms

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


Prairie Provident Resources (Prairie Provident Resources) Business Description

Traded in Other Exchanges
Address
1100, 640 - 5th Avenue SW, Calgary, AB, CAN, T2P 3G4
Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company's operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.