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Lucero Energy (TSXV:LOU) Gross-Profit-to-Asset % : 16.85% (As of Mar. 2024)


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What is Lucero 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. Lucero Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$104.1 Mil. Lucero Energy's average Total Assets over the quarter that ended in Mar. 2024 was C$617.8 Mil. Therefore, Lucero Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.85%.


Lucero Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Lucero 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.

* Premium members only.

Lucero Energy Gross-Profit-to-Asset % Chart

Lucero Energy 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 17.11 9.28 23.27 34.64 23.27

Lucero Energy 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 26.94 23.25 21.17 21.86 16.85

Competitive Comparison of Lucero Energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Lucero 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.


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

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

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



Lucero Energy Gross-Profit-to-Asset % Calculation

Lucero 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 )
=140.194/( (612.527+592.383)/ 2 )
=140.194/602.455
=23.27 %

Lucero Energy'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 )
=104.092/( (592.383+643.186)/ 2 )
=104.092/617.7845
=16.85 %

* 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.


Lucero Energy Gross-Profit-to-Asset % Related Terms

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Lucero Energy (TSXV:LOU) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 3N9
Lucero Energy Corp is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.
Executives
Shane Manchester Senior Officer

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