Boomerang Oil (XCNQ:BOI) Gross-Profit-to-Asset % : -1.96% (As of Jun. 2015)

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What is Boomerang Oil 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. Boomerang Oil's annualized Gross Profit for the quarter that ended in Jun. 2015 was C$-0.02 Mil. Boomerang Oil's average Total Assets over the quarter that ended in Jun. 2015 was C$1.23 Mil. Therefore, Boomerang Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2015 was -1.96%.

Boomerang Oil Gross-Profit-to-Asset % Historical Data

The historical data trend for Boomerang Oil'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.

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Boomerang Oil Gross-Profit-to-Asset % Chart

Boomerang Oil Annual Data

Trend

Sep12

Sep13

Sep14

Gross-Profit-to-Asset %

0.17

Boomerang Oil Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Gross-Profit-to-Asset %	Get a 7-Day Free Trial										-18.19	19.04	1.65	-1.65	-1.96

Competitive Comparison of Boomerang Oil's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Boomerang Oil'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.

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

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

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

Boomerang Oil Gross-Profit-to-Asset % Calculation

Boomerang Oil's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2014 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Sep. 2014 )	/	( (Total Assets (A: Sep. 2013 )	+	Total Assets (A: Sep. 2014 ))	/ count )
	=	0.001	/	( (0.001	+	1.208)	/ 2 )
	=	0.001	/	0.6045
	=	0.17 %

Boomerang Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2015 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
	=	-0.024	/	( (1.212	+	1.242)	/ 2 )
	=	-0.024	/	1.227
	=	-1.96 %

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 (Jun. 2015) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Boomerang Oil Gross-Profit-to-Asset % Related Terms

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Boomerang Oil (XCNQ:BOI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.boomerangoil.com

Boomerang Oil Inc is an independent oil and gas company engaged in the exploration, development, and exploitation of crude oil and natural gas properties in the United States. Its properties are located in Permian Basin and Crawar Field in Texas.

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