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West Texas Resources (West Texas Resources) Gross-Profit-to-Asset % : -2.56% (As of Sep. 2023)


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What is West Texas 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. West Texas Resources's annualized Gross Profit for the quarter that ended in Sep. 2023 was $-0.00 Mil. West Texas Resources's average Total Assets over the quarter that ended in Sep. 2023 was $0.16 Mil. Therefore, West Texas Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -2.56%.


West Texas Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for West Texas 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.

* Premium members only.

West Texas Resources Gross-Profit-to-Asset % Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Gross-Profit-to-Asset %
Get a 7-Day Free Trial - 37.31 26.87 11.29 0.31

West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 Sep23
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 -1.68 -3.24 -3.16 - -2.56

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

For the Oil & Gas E&P subindustry, West Texas 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.


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

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

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



West Texas Resources Gross-Profit-to-Asset % Calculation

West Texas Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2016 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2016 )/( (Total Assets (A: Sep. 2015 )+Total Assets (A: Sep. 2016 ))/ count )
=0.001/( (0.36+0.294)/ 2 )
=0.001/0.327
=0.31 %

West Texas Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.004/( (0+0.156)/ 1 )
=-0.004/0.156
=-2.56 %

* 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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


West Texas Resources Gross-Profit-to-Asset % Related Terms

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West Texas Resources (West Texas Resources) Business Description

Traded in Other Exchanges
N/A
Address
5729 Lebanon Road, Suite 144, Frisco, TX, USA, 75034
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The Company targets both new and existing fields and producing wells to be revitalized.

West Texas Resources (West Texas Resources) Headlines

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