PermRock Royalty Trust (PermRock Royalty Trust) Gross-Profit-to-Asset % : 7.71% (As of Dec. 2023)

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What is PermRock Royalty Trust 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. PermRock Royalty Trust's annualized Gross Profit for the quarter that ended in Dec. 2023 was $6.04 Mil. PermRock Royalty Trust's average Total Assets over the quarter that ended in Dec. 2023 was $78.39 Mil. Therefore, PermRock Royalty Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.71%.

PermRock Royalty Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for PermRock Royalty Trust'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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PermRock Royalty Trust Gross-Profit-to-Asset % Chart

PermRock Royalty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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11.37

3.55

9.32

15.72

9.02

PermRock Royalty Trust 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															16.25	11.69	7.89	8.55	7.71

Competitive Comparison of PermRock Royalty Trust's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, PermRock Royalty Trust'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.

PermRock Royalty Trust's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PermRock Royalty Trust's Gross-Profit-to-Asset % falls into.

PermRock Royalty Trust Gross-Profit-to-Asset % Calculation

PermRock Royalty Trust'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 )
	=	7.186	/	( (82.023	+	77.245)	/ 2 )
	=	7.186	/	79.634
	=	9.02 %

PermRock Royalty Trust'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 )
	=	6.044	/	( (79.54	+	77.245)	/ 2 )
	=	6.044	/	78.3925
	=	7.71 %

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.

PermRock Royalty Trust Gross-Profit-to-Asset % Related Terms

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PermRock Royalty Trust (PermRock Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PermRock Royalty Trust (NYSE:PRT) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Blvd, Suite 850, Argent Trust Company, Trustee, Dallas, TX, USA, 75219-6291

Website

http://www.permrock.com

PermRock Royalty Trust operates as a statutory trust. It is focused on the acquisition, development, and operation of oil and natural gas properties in the Permian Basin.

Executives

Boaz Energy Ii, Llc	10 percent owner	3300 N. A STREET BLDG. 7 #150, MIDLAND TX 79705
Karan E Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Marshall J Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Ngp X Us Holdings Lp	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039
Ngp Boaz Energy Ii Co-invest Llc	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039