Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Vivakor's annualizedGross Profit for the quarter that ended in Mar. 2024 was $4.27 Mil.
Vivakor's average Total Assets over the quarter that ended in Mar. 2024 was $72.84 Mil. Therefore, Vivakor's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.87%.
Vivakor Gross-Profit-to-Asset % Historical Data
The historical data trend for Vivakor'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.
Competitive Comparison of Vivakor's Gross-Profit-to-Asset %
For the Oil & Gas Integrated subindustry, Vivakor'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.
Vivakor's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Vivakor's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Vivakor's Gross-Profit-to-Asset % falls into.
Vivakor Gross-Profit-to-Asset % Calculation
Vivakor's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Mar. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Vivakor Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Vivakor's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Vivakor Inc is an operator, acquirer, and developer of clean energy technologies and environmental solutions, with a focus on soil remediation. The company remediates the soil and extracts hydrocarbons, such as oils, which are then used to produce asphaltic cement and petroleum-based products. Currently, the company is focusing on remediating oil spills resulting from the Iraqi invasion of Kuwait and naturally occurring oil sand deposits in the Unita basin of Eastern Utah.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VIVK has been successfully added to your 