Azonto Petroleum (LSE:AZO) Other Operating Expense: £-14.87 Mil (TTM As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Azonto Petroleum Other Operating Expense?

Azonto Petroleum LSE:AZO Other Operating Expense is £-14.87 Mil as of Jun. 2024. The stock has 4 warning signs investors should review.

Azonto Petroleum's Other Operating Expense for the six months ended in Jun. 2024 was £0.05 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-14.87 Mil.

Azonto Petroleum's quarterly Other Operating Expense declined from Jun. 2023 (£15.29 Mil) to Dec. 2023 (£-14.92 Mil) but then increased from Dec. 2023 (£-14.92 Mil) to Jun. 2024 (£0.05 Mil).

Azonto Petroleum's annual Other Operating Expense declined from Dec. 2021 (£37.05 Mil) to Dec. 2022 (£24.46 Mil) and declined from Dec. 2022 (£24.46 Mil) to Dec. 2023 (£0.30 Mil).

Azonto Petroleum Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Azonto Petroleum's Other Operating Expense 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.

Azonto Petroleum Other Operating Expense Chart

Azonto Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 2.17 37.05 24.46 0.30

Azonto Petroleum Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Other Operating Expense 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 10.37 14.39 15.29 -14.92 0.05

Azonto Petroleum Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-14.87 Mil.

* 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.

What does a Other Operating Expense of £-14.87 Mil mean?
Azonto Petroleum (LSE:AZO) has a Other Operating Expense of £-14.87 Mil as of Jun. 2024. Other operating expenses that a company records on its income statement. View historical data on Azonto Petroleum and its competitors.
Is Azonto Petroleum's Other Operating Expense too high?
Azonto Petroleum's current Other Operating Expense is £-14.87 Mil.
How does Azonto Petroleum's Other Operating Expense compare to OKMN and ROYL?
Azonto Petroleum's Other Operating Expense of £-14.87 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Azonto Petroleum and its competitors. Azonto Petroleum's current Other Operating Expense is £-14.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azonto Petroleum stock overvalued right now?
Azonto Petroleum (LSE:AZO) has a current Other Operating Expense of £-14.87 Mil. The current Other Operating Expense is £-14.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Azonto Petroleum (LSE:AZO), the current Other Operating Expense is £-14.87 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azonto Petroleum Business Description

Industry EnergyOil & Gas
Address Unit 103, 28 Station Street, Cottesloe, WA, AUS, 6011
Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company mainly focuses on finding and developing new projects. Its projects include Brooks, and Thorsby. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.