GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Civitas Resources Inc (STU:B2C) » Definitions » Gross-Profit-to-Asset %

Civitas Resources (STU:B2C) Gross-Profit-to-Asset % : 14.46% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Civitas 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. Civitas Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,938 Mil. Civitas Resources's average Total Assets over the quarter that ended in Mar. 2024 was €13,402 Mil. Therefore, Civitas Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.46%.


Civitas Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Civitas 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.

Civitas Resources Gross-Profit-to-Asset % Chart

Civitas Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 14.02 5.53 14.53 34.78 14.98

Civitas 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 14.19 10.97 15.68 20.51 14.46

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

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


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

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

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



Civitas Resources Gross-Profit-to-Asset % Calculation

Civitas 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 )
=1532.339/( (7525.001+12927.242)/ 2 )
=1532.339/10226.1215
=14.98 %

Civitas 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 )
=1937.632/( (12927.242+13877.301)/ 2 )
=1937.632/13402.2715
=14.46 %

* 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.


Civitas Resources Gross-Profit-to-Asset % Related Terms

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


Civitas Resources (STU:B2C) Business Description

Traded in Other Exchanges
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.

Civitas Resources (STU:B2C) Headlines

No Headlines