GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Profire Energy Inc (FRA:PFR) » Definitions » Gross-Profit-to-Asset %

Profire Energy (FRA:PFR) Gross-Profit-to-Asset % : 41.13% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Profire 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. Profire Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was €24.86 Mil. Profire Energy's average Total Assets over the quarter that ended in Mar. 2024 was €60.45 Mil. Therefore, Profire Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 41.13%.


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

The historical data trend for Profire 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.

Profire Energy Gross-Profit-to-Asset % Chart

Profire Energy Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.88 18.05 24.54 43.76 50.13

Profire 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 56.64 50.22 49.12 48.41 41.13

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

For the Oil & Gas Equipment & Services subindustry, Profire 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.


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

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

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



Profire Energy Gross-Profit-to-Asset % Calculation

Profire 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 )
=27.998/( (50.91+60.792)/ 2 )
=27.998/55.851
=50.13 %

Profire 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 )
=24.864/( (60.792+60.108)/ 2 )
=24.864/60.45
=41.13 %

* 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.


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

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


Profire Energy (FRA:PFR) Business Description

Industry
Traded in Other Exchanges
Address
321 South 1250 West, Suite 1, Lindon, UT, USA, 84042
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.

Profire Energy (FRA:PFR) Headlines

No Headlines