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Strathcona Resources (TSX:SCR) Gross-Profit-to-Asset % : 16.76% (As of Mar. 2024)


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What is Strathcona Resources 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. Strathcona Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$1,768 Mil. Strathcona Resources's average Total Assets over the quarter that ended in Mar. 2024 was C$10,547 Mil. Therefore, Strathcona Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.76%.


Strathcona Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Strathcona Resources'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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Strathcona Resources Gross-Profit-to-Asset % Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23
Gross-Profit-to-Asset %
14.08 11.40

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 43.43 12.25 13.52 69.01 16.76

Competitive Comparison of Strathcona Resources's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Strathcona Resources'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.


Strathcona Resources's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



Strathcona Resources Gross-Profit-to-Asset % Calculation

Strathcona Resources'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 )
=1120.8/( (9164.5+10496.9)/ 2 )
=1120.8/9830.7
=11.40 %

Strathcona Resources'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 )
=1768/( (10496.9+10597.8)/ 2 )
=1768/10547.35
=16.76 %

* 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.


Strathcona Resources Gross-Profit-to-Asset % Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Traded in Other Exchanges
Address
421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.