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Cobra Venture (TSXV:CBV) Gross-Profit-to-Asset % : 6.82% (As of Feb. 2024)


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What is Cobra Venture 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. Cobra Venture's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$0.23 Mil. Cobra Venture's average Total Assets over the quarter that ended in Feb. 2024 was C$3.40 Mil. Therefore, Cobra Venture's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 6.82%.


Cobra Venture Gross-Profit-to-Asset % Historical Data

The historical data trend for Cobra Venture'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.

Cobra Venture Gross-Profit-to-Asset % Chart

Cobra Venture Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.13 15.17 8.71 21.22 27.27

Cobra Venture Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
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 21.21 4.50 12.97 23.54 6.82

Competitive Comparison of Cobra Venture's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Cobra Venture'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.


Cobra Venture's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



Cobra Venture Gross-Profit-to-Asset % Calculation

Cobra Venture's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2022 )/( (Total Assets (A: Nov. 2021 )+Total Assets (A: Nov. 2022 ))/ count )
=0.942/( (3.455+3.454)/ 2 )
=0.942/3.4545
=27.27 %

Cobra Venture's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0.232/( (3.295+3.51)/ 2 )
=0.232/3.4025
=6.82 %

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


Cobra Venture Gross-Profit-to-Asset % Related Terms

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Cobra Venture (TSXV:CBV) Business Description

Traded in Other Exchanges
N/A
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.
Executives
Stephane Poirier 10% Security Holder

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