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Platinum Asset Management (ASX:PTM) Gross-Profit-to-Asset % : 51.91% (As of Dec. 2023)


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What is Platinum Asset Management 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. Platinum Asset Management's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$184.8 Mil. Platinum Asset Management's average Total Assets over the quarter that ended in Dec. 2023 was A$355.9 Mil. Therefore, Platinum Asset Management's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 51.91%.


Platinum Asset Management Gross-Profit-to-Asset % Historical Data

The historical data trend for Platinum Asset Management'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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Platinum Asset Management Gross-Profit-to-Asset % Chart

Platinum Asset Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.74 81.50 73.02 69.03 57.84

Platinum Asset Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 70.13 65.28 55.95 58.18 51.91

Competitive Comparison of Platinum Asset Management's Gross-Profit-to-Asset %

For the Asset Management subindustry, Platinum Asset Management'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.


Platinum Asset Management's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asset Management's Gross-Profit-to-Asset % distribution charts can be found below:

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



Platinum Asset Management Gross-Profit-to-Asset % Calculation

Platinum Asset Management's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=202.664/( (349.759+350.982)/ 2 )
=202.664/350.3705
=57.84 %

Platinum Asset Management's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=184.76/( (350.982+360.84)/ 2 )
=184.76/355.911
=51.91 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Platinum Asset Management Gross-Profit-to-Asset % Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

Platinum Asset Management (ASX:PTM) Headlines