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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Gross-Profit-to-Asset % : 3.06% (As of Dec. 2023)


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What is Burgan Company for Well Drilling Trading and MaintenanceK 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. Burgan Company for Well Drilling Trading and MaintenanceK's annualized Gross Profit for the quarter that ended in Dec. 2023 was KWD6.23 Mil. Burgan Company for Well Drilling Trading and MaintenanceK's average Total Assets over the quarter that ended in Dec. 2023 was KWD203.20 Mil. Therefore, Burgan Company for Well Drilling Trading and MaintenanceK's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.06%.


Burgan Company for Well Drilling Trading and MaintenanceK Gross-Profit-to-Asset % Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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.

* Premium members only.

Burgan Company for Well Drilling Trading and MaintenanceK Gross-Profit-to-Asset % Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data
Trend Mar12 Mar13 Mar14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 2.36 2.87 3.10 3.50

Burgan Company for Well Drilling Trading and MaintenanceK 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 2.96 3.69 3.80 4.19 3.06

Competitive Comparison of Burgan Company for Well Drilling Trading and MaintenanceK's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Burgan Company for Well Drilling Trading and MaintenanceK'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.


Burgan Company for Well Drilling Trading and MaintenanceK's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Burgan Company for Well Drilling Trading and MaintenanceK's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Burgan Company for Well Drilling Trading and MaintenanceK's Gross-Profit-to-Asset % falls into.



Burgan Company for Well Drilling Trading and MaintenanceK Gross-Profit-to-Asset % Calculation

Burgan Company for Well Drilling Trading and MaintenanceK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=7.434/( (215.808+208.732)/ 2 )
=7.434/212.27
=3.50 %

Burgan Company for Well Drilling Trading and MaintenanceK'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 )
=6.228/( (204.66+201.748)/ 2 )
=6.228/203.204
=3.06 %

* 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.


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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Traded in Other Exchanges
N/A
Address
Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022
Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Headlines

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