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Superior Drilling Products (STU:SDW) Gross-Profit-to-Asset % : 34.65% (As of Mar. 2024)


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What is Superior Drilling Products 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. Superior Drilling Products's annualized Gross Profit for the quarter that ended in Mar. 2024 was €8.43 Mil. Superior Drilling Products's average Total Assets over the quarter that ended in Mar. 2024 was €24.32 Mil. Therefore, Superior Drilling Products's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 34.65%.


Superior Drilling Products Gross-Profit-to-Asset % Historical Data

The historical data trend for Superior Drilling Products'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.

Superior Drilling Products Gross-Profit-to-Asset % Chart

Superior Drilling Products 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 41.10 16.24 42.01 59.19 50.59

Superior Drilling Products 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 79.41 58.33 49.71 31.75 34.65

Competitive Comparison of Superior Drilling Products's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Superior Drilling Products'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.


Superior Drilling Products's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Superior Drilling Products's Gross-Profit-to-Asset % falls into.



Superior Drilling Products Gross-Profit-to-Asset % Calculation

Superior Drilling Products'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 )
=10.473/( (16.614+24.793)/ 2 )
=10.473/20.7035
=50.59 %

Superior Drilling Products'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 )
=8.428/( (24.793+23.854)/ 2 )
=8.428/24.3235
=34.65 %

* 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.


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Superior Drilling Products (STU:SDW) Business Description

Traded in Other Exchanges
Address
1583 South 1700 East, Vernal, UT, USA, 84078
Superior Drilling Products Inc is engaged in providing equipment and services to the oil and gas industry. It specialises in the design and manufacture of drilling tool technologies including the patented Drill-N-Ream wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for an oilfield services company. The company operates in North America and other international regions, of which key revenue is derived from North America.

Superior Drilling Products (STU:SDW) Headlines

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