RISE (Rise Oil & Gas) Selling, General, & Admin. Expense: $2.37 Mil (TTM As of Sep. 2023)


What is Rise Oil & Gas Selling, General, & Admin. Expense?

Rise Oil & Gas RISE Selling, General, & Admin. Expense is $2.37 Mil as of Sep. 2023.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Rise Oil & Gas's selling, general, & admin. expense for the three months ended in Sep. 2023 was $0.64 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2023 was $2.37 Mil.

Rise Oil & Gas  (AMEX:RISE) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.

Rise Oil & Gas Selling, General, & Admin. Expense Related Terms

Rise Oil & Gas Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Rise Oil & Gas's Selling, General, & Admin. 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.

Rise Oil & Gas Selling, General, & Admin. Expense Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
Selling, General, & Admin. Expense
0.00 1.13

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Selling, General, & Admin. Expense Get a 7-Day Free Trial 0.44 0.34 1.10 0.28 0.64

RISE vs : Selling, General, & Admin. Expense Comparison

For the Oil & Gas E&P subindustry, Rise Oil & Gas's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.

Rise Oil & Gas Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rise Oil & Gas's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Rise Oil & Gas's Selling, General, & Admin. Expense falls into.


Rise Oil & Gas Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.37 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 Selling, General, & Admin. Expense of $2.37 Mil mean?
Rise Oil & Gas (RISE) has a Selling, General, & Admin. Expense of $2.37 Mil as of Sep. 2023. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Rise Oil & Gas and its competitors.
Is Rise Oil & Gas' Selling, General, & Admin. Expense too high?
Rise Oil & Gas' current Selling, General, & Admin. Expense is $2.37 Mil.
How does Rise Oil & Gas' Selling, General, & Admin. Expense compare to ?
Rise Oil & Gas' Selling, General, & Admin. Expense of $2.37 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 Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Rise Oil & Gas and its competitors. Rise Oil & Gas's current Selling, General, & Admin. Expense is $2.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current Selling, General, & Admin. Expense of $2.37 Mil. The current Selling, General, & Admin. Expense is $2.37 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Rise Oil & Gas (RISE), the current Selling, General, & Admin. Expense is $2.37 Mil as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.