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Reconnaissance Energy Africa (TSXV:RECO) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


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What is Reconnaissance Energy Africa 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. Reconnaissance Energy Africa's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.00 Mil. Reconnaissance Energy Africa's average Total Assets over the quarter that ended in Dec. 2023 was C$164.90 Mil. Therefore, Reconnaissance Energy Africa's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


Reconnaissance Energy Africa Gross-Profit-to-Asset % Historical Data

The historical data trend for Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa Gross-Profit-to-Asset % Chart

Reconnaissance Energy Africa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20
Gross-Profit-to-Asset %
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Reconnaissance Energy Africa Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 3.03 2.34 1.18 - -

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

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


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

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

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



Reconnaissance Energy Africa Gross-Profit-to-Asset % Calculation

Reconnaissance Energy Africa's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2020 )/( (Total Assets (A: Jun. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=0/( (0.561+30.519)/ 2 )
=0/15.54
=0.00 %

Reconnaissance Energy Africa'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 )
=0/( (188.587+141.203)/ 2 )
=0/164.895
=0.00 %

* 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.


Reconnaissance Energy Africa Gross-Profit-to-Asset % Related Terms

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Reconnaissance Energy Africa (TSXV:RECO) Business Description

Traded in Other Exchanges
Address
Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer.

Reconnaissance Energy Africa (TSXV:RECO) Headlines

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