GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Rock Royalties Ltd (TSXV:SRR) » Definitions » Gross-Profit-to-Asset %

Source Rock Royalties (TSXV:SRR) Gross-Profit-to-Asset % : 12.68% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Source Rock Royalties 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. Source Rock Royalties's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$3.47 Mil. Source Rock Royalties's average Total Assets over the quarter that ended in Dec. 2023 was C$27.36 Mil. Therefore, Source Rock Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 12.68%.


Source Rock Royalties Gross-Profit-to-Asset % Historical Data

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Gross-Profit-to-Asset % Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
2.06 12.73 19.51 12.35

Source Rock Royalties Quarterly Data
Dec20 Mar21 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 12.82 10.04 10.99 16.38 12.68

Competitive Comparison of Source Rock Royalties's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Source Rock Royalties's Gross-Profit-to-Asset % falls into.



Source Rock Royalties Gross-Profit-to-Asset % Calculation

Source Rock Royalties'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 )
=3.464/( (28.818+27.259)/ 2 )
=3.464/28.0385
=12.35 %

Source Rock Royalties'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 )
=3.468/( (27.456+27.259)/ 2 )
=3.468/27.3575
=12.68 %

* 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.


Source Rock Royalties Gross-Profit-to-Asset % Related Terms

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


Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

Source Rock Royalties (TSXV:SRR) Headlines

No Headlines