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Ascent Resources (LSE:AST) Net Margin % : -107,500.00% (As of Jun. 2024)


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What is Ascent Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ascent Resources's Net Income for the six months ended in Jun. 2024 was £-1.08 Mil. Ascent Resources's Revenue for the six months ended in Jun. 2024 was £0.00 Mil. Therefore, Ascent Resources's net margin for the quarter that ended in Jun. 2024 was -107,500.00%.

The historical rank and industry rank for Ascent Resources's Net Margin % or its related term are showing as below:

LSE:AST' s Net Margin % Range Over the Past 10 Years
Min: -7210.15   Med: -241.52   Max: -60.27
Current: -3901.89


LSE:AST's Net Margin % is ranked worse than
97.78% of 948 companies
in the Oil & Gas industry
Industry Median: 3.7 vs LSE:AST: -3901.89

Ascent Resources Net Margin % Historical Data

The historical data trend for Ascent Resources's Net Margin % 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.

Ascent Resources Net Margin % Chart

Ascent Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,228.19 - - -7,210.15 -60.27

Ascent Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % 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 - -7,096.21 10.44 -1,909.62 -107,500.00

Competitive Comparison of Ascent Resources's Net Margin %

For the Oil & Gas E&P subindustry, Ascent Resources's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Ascent Resources's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ascent Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ascent Resources's Net Margin % falls into.



Ascent Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ascent Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-0.851/1.412
=-60.27 %

Ascent Resources's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-1.075/0.001
=-107,500.00 %

* 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.


Ascent Resources  (LSE:AST) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ascent Resources Net Margin % Related Terms

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Ascent Resources Business Description

Traded in Other Exchanges
N/A
Address
5 New Street Square, London, GBR, EC4A 3TW
Ascent Resources PLC is an independent oil and gas exploration and production company. The company's portfolio consists of predominantly European onshore projects and operates the Petisovci tight gas project in Slovenia. It operates in two principal geographical areas: Slovenia and the United Kingdom. The company derives a majority of its revenue from the United Kingdom.