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PetroTX LP (XTAE:PTX) Gross-Profit-to-Asset % : 6.62% (As of Dec. 2023)


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What is PetroTX LP 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. PetroTX LP's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₪5.68 Mil. PetroTX LP's average Total Assets over the quarter that ended in Dec. 2023 was ₪85.90 Mil. Therefore, PetroTX LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.62%.


PetroTX LP Gross-Profit-to-Asset % Historical Data

The historical data trend for PetroTX LP'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.

PetroTX LP Gross-Profit-to-Asset % Chart

PetroTX LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.63 0.91 14.22 28.02 2.17

PetroTX LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.75 2.73 -2.70 4.08 6.62

Competitive Comparison of PetroTX LP's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, PetroTX LP'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.


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

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

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



PetroTX LP Gross-Profit-to-Asset % Calculation

PetroTX LP'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 )
=2.495/( (143.178+87.118)/ 2 )
=2.495/115.148
=2.17 %

PetroTX LP'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 )
=5.684/( (84.672+87.118)/ 2 )
=5.684/85.895
=6.62 %

* 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.


PetroTX LP Gross-Profit-to-Asset % Related Terms

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PetroTX LP (XTAE:PTX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Menachem Begin 144/A, Midtown Tower, Tel Aviv, ISR, 6492124
PetroTX LP is engaged in oil and gas investments. The company develops an investment portfolio through the acquisitions of oil and gas producing properties in the United States. It also seeks for expansion through additional drilling or completion activities. Its properties portfolio consists of assets in the states of Texas and Mississippi.

PetroTX LP (XTAE:PTX) Headlines

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