STNG (Scorpio Tankers) Gross-Profit-to-Asset % : 13.43% (As of Sep. 2024)

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What is Scorpio Tankers 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. Scorpio Tankers's annualized Gross Profit for the quarter that ended in Sep. 2024 was $527 Mil. Scorpio Tankers's average Total Assets over the quarter that ended in Sep. 2024 was $3,924 Mil. Therefore, Scorpio Tankers's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 13.43%.

Scorpio Tankers Gross-Profit-to-Asset % Historical Data

The historical data trend for Scorpio Tankers'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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Scorpio Tankers Gross-Profit-to-Asset % Chart

Scorpio Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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3.87

6.36

-0.74

19.63

18.43

Scorpio Tankers Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															14.73	18.69	25.00	24.12	13.43

Competitive Comparison of Scorpio Tankers's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Scorpio Tankers'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.

Scorpio Tankers's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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

Scorpio Tankers Gross-Profit-to-Asset % Calculation

Scorpio Tankers'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 )
	=	809.894	/	( (4559.163	+	4228.652)	/ 2 )
	=	809.894	/	4393.9075
	=	18.43 %

Scorpio Tankers's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	526.984	/	( (3999.427	+	3848.173)	/ 2 )
	=	526.984	/	3923.8
	=	13.43 %

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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Scorpio Tankers Gross-Profit-to-Asset % Related Terms

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Scorpio Tankers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Scorpio Tankers Inc (NYSE:STNG) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

S0QA:Germany

Address

99 Boulevard du Jardin Exotique, Monaco, MCO, 98000

Website

https://www.scorpiotankers.com

Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters in hundred ten product tankers namely thirty nine LR2 tankers, fifty seven MR tankers and forteeen Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products. They provide seaborne transportation of crude oil and refined petroleum products worldwide. The company generates majority of its revenue from MR vessel.