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Tamar Petroleum (XTAE:TMRP) Gross-Profit-to-Asset % : 7.96% (As of Dec. 2023)


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What is Tamar 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. Tamar Petroleum's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₪359 Mil. Tamar Petroleum's average Total Assets over the quarter that ended in Dec. 2023 was ₪4,508 Mil. Therefore, Tamar Petroleum's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.96%.


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

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

Tamar Petroleum 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 16.22 11.62 10.76 14.03 12.75

Tamar Petroleum 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 12.87 14.40 14.05 14.75 7.96

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

For the Oil & Gas E&P subindustry, Tamar 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.


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

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

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



Tamar Petroleum Gross-Profit-to-Asset % Calculation

Tamar Petroleum'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 )
=590.419/( (4711.224+4548.293)/ 2 )
=590.419/4629.7585
=12.75 %

Tamar Petroleum'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 )
=359.048/( (4468.084+4548.293)/ 2 )
=359.048/4508.1885
=7.96 %

* 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.


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

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Tamar Petroleum (XTAE:TMRP) Business Description

Traded in Other Exchanges
N/A
Address
11 Galgalei Haplada Street, Herzliya Pituach, Herzeliya, ISR, 4672211
Tamar Petroleum Ltd is an Israel based company engaged in the production, and sale of natural gas. It has interest rights in the Tamar and Dalit reservoirs located in the west of Haifa. The company's only operating segment is exploration, development, production, and sale of natural gas.

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