GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Timbers Royalty Trust (NYSE:CRT) » Definitions » Gross-Profit-to-Asset %

Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Gross-Profit-to-Asset % : 177.89% (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Cross Timbers Royalty Trust 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. Cross Timbers Royalty Trust's annualized Gross Profit for the quarter that ended in Mar. 2024 was $7.35 Mil. Cross Timbers Royalty Trust's average Total Assets over the quarter that ended in Mar. 2024 was $4.13 Mil. Therefore, Cross Timbers Royalty Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 177.89%.


Cross Timbers Royalty Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Cross Timbers Royalty Trust'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.

Cross Timbers Royalty Trust Gross-Profit-to-Asset % Chart

Cross Timbers Royalty Trust 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 59.96 57.20 106.37 251.06 261.90

Cross Timbers Royalty Trust 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 320.34 276.30 251.06 231.48 177.89

Competitive Comparison of Cross Timbers Royalty Trust's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust'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.


Cross Timbers Royalty Trust's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cross Timbers Royalty Trust's Gross-Profit-to-Asset % falls into.



Cross Timbers Royalty Trust Gross-Profit-to-Asset % Calculation

Cross Timbers Royalty Trust'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 )
=12.3/( (4.864+4.529)/ 2 )
=12.3/4.6965
=261.90 %

Cross Timbers Royalty Trust'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 )
=7.352/( (4.529+3.737)/ 2 )
=7.352/4.133
=177.89 %

* 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.


Cross Timbers Royalty Trust Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Cross Timbers Royalty Trust's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
C/o Corporate Argent Trust Company, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
Executives
Gary D. Simpson officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Timothy L Petrus other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil other: Director-XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Vennerberg Vaughn O Ii other: Exec. VP - Admin., XTO Energy
Bob R Simpson other: Dir/CEO/Chair, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen other: Sr. VP-Controller, XTO Energy
Steffen E Palko Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy
Louis G Baldwin other: Executive VP-CFO, XTO Energy
Keith A Hutton other: Exec. VP-Operation, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Lane G Collins other: Director, XTO Energy
Jack P Randall other: Director, XTO Energy Inc.
Adams William H Iii other: Director, XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman other: Director XTO Energy Inc.
Herbert D Simons other: Director, XTO Energy Inc.

Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Headlines

From GuruFocus

CROSS TIMBERS ROYALTY TRUST DECLARES JUNE CASH DISTRIBUTION

By PRNewswire PRNewswire 06-27-2022

CROSS TIMBERS ROYALTY TRUST DECLARES OCTOBER CASH DISTRIBUTION

By PRNewswire PRNewswire 10-21-2022

CROSS TIMBERS ROYALTY TRUST DECLARES JUNE CASH DISTRIBUTION

By PRNewswire PRNewswire 06-20-2023

CROSS TIMBERS ROYALTY TRUST DECLARES JANUARY CASH DISTRIBUTION

By PRNewswire PRNewswire 01-20-2023

CROSS TIMBERS ROYALTY TRUST DECLARES FEBRUARY CASH DISTRIBUTION

By PRNewswire PRNewswire 02-17-2023

CROSS TIMBERS ROYALTY TRUST DECLARES MAY CASH DISTRIBUTION

By PRNewswire PRNewswire 06-09-2022

CROSS TIMBERS ROYALTY TRUST DECLARES MAY CASH DISTRIBUTION

By PRNewswire PRNewswire 05-30-2022

CROSS TIMBERS ROYALTY TRUST DECLARES AUGUST CASH DISTRIBUTION

By PRNewswire PRNewswire 08-19-2022

CROSS TIMBERS ROYALTY TRUST DECLARES MAY CASH DISTRIBUTION

By PRNewswire PRNewswire 07-09-2022