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Summer Energy Holdings (Summer Energy Holdings) Gross-Profit-to-Asset % : 27.07% (As of Dec. 2023)


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What is Summer Energy Holdings 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. Summer Energy Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was $27.1 Mil. Summer Energy Holdings's average Total Assets over the quarter that ended in Dec. 2023 was $100.1 Mil. Therefore, Summer Energy Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 27.07%.


Summer Energy Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Summer Energy Holdings'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.

Summer Energy Holdings Gross-Profit-to-Asset % Chart

Summer Energy Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.81 28.43 79.16 23.65 38.29

Summer Energy Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 32.39 109.84 14.02 1.07 27.07

Competitive Comparison of Summer Energy Holdings's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, Summer Energy Holdings'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.


Summer Energy Holdings's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summer Energy Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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



Summer Energy Holdings Gross-Profit-to-Asset % Calculation

Summer Energy Holdings'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 )
=34.886/( (89.175+93.038)/ 2 )
=34.886/91.1065
=38.29 %

Summer Energy Holdings'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 )
=27.112/( (107.256+93.038)/ 2 )
=27.112/100.147
=27.07 %

* 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.


Summer Energy Holdings Gross-Profit-to-Asset % Related Terms

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Summer Energy Holdings (Summer Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5847 San Felipe Street, Suite 3700, Houston, TX, USA, 77057
Summer Energy Holdings Inc operates as a retail electricity provider. It sells electricity and provides related billing, customer service, collections, and remittance services to residential and commercial customers. The company derives revenue from the sale of electricity to residential and small commercial customers.
Executives
Jaleea Pyle George director, officer: CFO, Secretary 5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
James P Stapleton director
Andrew Bursten director 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Jeffery Mace Meeks director 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Tom Davis Oleary director, 10 percent owner 5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Stuart Charles Gaylor director 7807 MAIN STREET, HOUSTON TX 77030
Neil Leibman director, 10 percent owner, officer: CEO, President 5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Kelli Jean Mitchell officer: Chief Operating Officer 5847 SAN FELIPE STREET, SUITE 3700, HOUSTON TX 77057
Albert Jr Larose director 24918 PALMER COVE DRIVE, SPRING TX 77389
Angela Hanley officer: Sr VP of Operations & Mktg 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Maa Holdings, Ltd. 10 percent owner 515 W. FRIAR TUCK LANE, HOUSTON TX 77024
Michael D Vanderhoof director PO BOX 715, OAKLEY UT 84055
Tom M. Davis Family Lands Trust 10 percent owner 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Meryl Lee Roberts 10 percent owner 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Andrew J. Priest director 800 BERING DRIVE, SUITE 260, HOUSTON TX 77057

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