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Advantage Energy (TSX:AAV) Gross-Profit-to-Asset % : 8.73% (As of Sep. 2024)


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What is Advantage Energy 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. Advantage Energy's annualized Gross Profit for the quarter that ended in Sep. 2024 was C$247.4 Mil. Advantage Energy's average Total Assets over the quarter that ended in Sep. 2024 was C$2,833.4 Mil. Therefore, Advantage Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 8.73%.


Advantage Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Advantage Energy'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.

Advantage Energy Gross-Profit-to-Asset % Chart

Advantage Energy 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 7.00 7.38 20.27 34.16 15.82

Advantage Energy 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 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 16.69 16.68 15.24 8.32 8.73

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

For the Oil & Gas E&P subindustry, Advantage Energy'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.


Advantage Energy's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



Advantage Energy Gross-Profit-to-Asset % Calculation

Advantage Energy'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 )
=357.151/( (2216.958+2299.028)/ 2 )
=357.151/2257.993
=15.82 %

Advantage Energy'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 )
=247.364/( (2818.482+2848.394)/ 2 )
=247.364/2833.438
=8.73 %

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


Advantage Energy Gross-Profit-to-Asset % Related Terms

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Advantage Energy Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.
Executives
Darren Tisdale Senior Officer
John Festival Director
Geoffrey Keyser Senior Officer
David Glenson Smith Director
Jill Terilee Angevine Director
Michael Belenkie Director, Senior Officer
Donald M. Clague Director
John Quaife Senior Officer
John Larry Festival Director
Andy Mah Director
Deirdre Mary Choate Director
Neil Bokenfohr Senior Officer
Donald Craig Blackwood Senior Officer
Stephen Balog Director

Advantage Energy Headlines

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