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Ocean Thermal Energy (Ocean Thermal Energy) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


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What is Ocean Thermal Energy 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. Ocean Thermal Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $0.00 Mil. Ocean Thermal Energy's average Total Assets over the quarter that ended in Dec. 2023 was $0.10 Mil. Therefore, Ocean Thermal Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


Ocean Thermal Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Ocean Thermal Energy'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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Ocean Thermal Energy Gross-Profit-to-Asset % Chart

Ocean Thermal Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
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Ocean Thermal Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Ocean Thermal Energy's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Ocean Thermal Energy'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.


Ocean Thermal Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Thermal Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ocean Thermal Energy's Gross-Profit-to-Asset % falls into.



Ocean Thermal Energy Gross-Profit-to-Asset % Calculation

Ocean Thermal Energy'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 )
=0/( (0.006+0.12)/ 2 )
=0/0.063
=0.00 %

Ocean Thermal Energy'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 )
=0/( (0.07+0.12)/ 2 )
=0/0.095
=0.00 %

* 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.

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.


Ocean Thermal Energy Gross-Profit-to-Asset % Related Terms

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Ocean Thermal Energy (Ocean Thermal Energy) Business Description

Traded in Other Exchanges
N/A
Address
3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104
Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.
Executives
Peter H Wolfson director 342 N FARM DRIVE, LITITZ PA 17543
Antoinette R. Hempstead director 7611 S. SCENIC MAPLE DR., WEST JORDAN UT 84081
Jeremy Feakins director, 10 percent owner, officer: CEO and CFO 800 SOUTH QUEENS ST., LANCASTER PA 17603
Jpf Venture Group, Inc. 10 percent owner 800 SOUTH QUEENS STREET, LANCASTER PA 17603