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XXL Energy (XXL Energy) Gross-Profit-to-Asset % : 3.36% (As of Mar. 2024)


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What is XXL 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. XXL Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was $0.18 Mil. XXL Energy's average Total Assets over the quarter that ended in Mar. 2024 was $5.35 Mil. Therefore, XXL Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.36%.


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

The historical data trend for XXL 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.

XXL Energy Gross-Profit-to-Asset % Chart

XXL 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 1.34 -9.10 24.81 33.49 20.73

XXL 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 62.26 0.71 6.44 5.13 3.36

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

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


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

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

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



XXL Energy Gross-Profit-to-Asset % Calculation

XXL 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 )
=1.316/( (6.972+5.725)/ 2 )
=1.316/6.3485
=20.73 %

XXL 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 )
=0.18/( (5.725+4.976)/ 2 )
=0.18/5.3505
=3.36 %

* 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.


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

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XXL Energy (XXL Energy) Business Description

Traded in Other Exchanges
Address
Granville Park, RPO Box 60610, Vancouver, BC, CAN, V6H 4B9
XXL Energy Corp is a petroleum and natural gas entity engaged in the acquisition, exploration and development of petroleum and natural gas properties located in the United States of America.

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