Cool Co (Cool Co) Gross-Profit-to-Asset % : 9.78% (As of Mar. 2024)

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What is Cool Co 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. Cool Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $200.6 Mil. Cool Co's average Total Assets over the quarter that ended in Mar. 2024 was $2,051.4 Mil. Therefore, Cool Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.78%.

Cool Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Cool Co'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.

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Cool Co Gross-Profit-to-Asset % Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

4.70

10.94

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial				11.40	9.39	10.18	11.74	9.78

Competitive Comparison of Cool Co's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Cool Co'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.

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

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

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

Cool Co Gross-Profit-to-Asset % Calculation

Cool Co'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 )
	=	225.066	/	( (2058.061	+	2056.943)	/ 2 )
	=	225.066	/	2057.502
	=	10.94 %

Cool Co'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 )
	=	200.624	/	( (2056.943	+	2045.951)	/ 2 )
	=	200.624	/	2051.447
	=	9.78 %

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.

Cool Co Gross-Profit-to-Asset % Related Terms

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Cool Co (Cool Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (NYSE:CLCO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CLCO:Norway HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.