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Saturn Oil & Gas (TSX:SOIL) Gross-Profit-to-Asset % : 32.54% (As of Mar. 2024)


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What is Saturn Oil & Gas 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. Saturn Oil & Gas's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$433.1 Mil. Saturn Oil & Gas's average Total Assets over the quarter that ended in Mar. 2024 was C$1,331.0 Mil. Therefore, Saturn Oil & Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 32.54%.


Saturn Oil & Gas Gross-Profit-to-Asset % Historical Data

The historical data trend for Saturn Oil & Gas'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.

Saturn Oil & Gas Gross-Profit-to-Asset % Chart

Saturn Oil & Gas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.25 6.15 62.69 69.02 49.60

Saturn Oil & Gas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.41 35.79 41.36 35.66 32.54

Competitive Comparison of Saturn Oil & Gas's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Saturn Oil & Gas'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.


Saturn Oil & Gas's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saturn Oil & Gas's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Saturn Oil & Gas's Gross-Profit-to-Asset % falls into.



Saturn Oil & Gas Gross-Profit-to-Asset % Calculation

Saturn Oil & Gas'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 )
=475.677/( (582.907+1335.216)/ 2 )
=475.677/959.0615
=49.60 %

Saturn Oil & Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=433.08/( (1335.216+1326.721)/ 2 )
=433.08/1330.9685
=32.54 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Saturn Oil & Gas Gross-Profit-to-Asset % Related Terms

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Saturn Oil & Gas (TSX:SOIL) Business Description

Traded in Other Exchanges
Address
207-9th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 1K3
Saturn Oil & Gas Inc is a resource company engaged in the business of acquiring, exploration, and development of petroleum and natural gas resource deposits in Canada. Its focus is to advance the exploration of its oil and gas properties in west-central and Southeast Saskatchewan. The Corporation is involved in the production, exploration and development of its oil and gas assets in Alberta as well as South-East and West-Central Saskatchewan.
Executives
John Jeffrey Director, Senior Officer

Saturn Oil & Gas (TSX:SOIL) Headlines