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Goodrich Petroleum (Goodrich Petroleum) Gross-Profit-to-Asset % : 56.98% (As of Sep. 2021)


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What is Goodrich Petroleum 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. Goodrich Petroleum's annualized Gross Profit for the quarter that ended in Sep. 2021 was $143.86 Mil. Goodrich Petroleum's average Total Assets over the quarter that ended in Sep. 2021 was $252.50 Mil. Therefore, Goodrich Petroleum's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2021 was 56.98%.


Goodrich Petroleum Gross-Profit-to-Asset % Historical Data

The historical data trend for Goodrich Petroleum'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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Goodrich Petroleum Gross-Profit-to-Asset % Chart

Goodrich Petroleum Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 10.30 21.82 14.98 5.59

Goodrich Petroleum Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 6.01 17.49 25.91 28.26 56.98

Competitive Comparison of Goodrich Petroleum's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Goodrich Petroleum'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.


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

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

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



Goodrich Petroleum Gross-Profit-to-Asset % Calculation

Goodrich Petroleum'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: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=12.416/( (239.318+205.077)/ 2 )
=12.416/222.1975
=5.59 %

Goodrich Petroleum's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=143.86/( (239.041+265.952)/ 2 )
=143.86/252.4965
=56.98 %

* 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 (Sep. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Goodrich Petroleum Gross-Profit-to-Asset % Related Terms

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Goodrich Petroleum (Goodrich Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
801 Louisiana Street, Suite 700, Houston, TX, USA, 77002
Goodrich Petroleum Corp is an independent oil and gas producer in the United States. The company operates in the Tuscaloosa Marine Shale region, with minor operations in the Eagle Ford and Haynesville shales. The vast majority of exploitation and development efforts on natural gas are carried out in the core of the Haynesville Shale in North Louisiana.