Sovereign Cloud Holdings (ASX:SOV) Gross-Profit-to-Asset % : 28.93% (As of Dec. 2023)

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What is Sovereign Cloud Holdings 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. Sovereign Cloud Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$8.08 Mil. Sovereign Cloud Holdings's average Total Assets over the quarter that ended in Dec. 2023 was A$27.94 Mil. Therefore, Sovereign Cloud Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.93%.

Sovereign Cloud Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Sovereign Cloud Holdings'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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Sovereign Cloud Holdings Gross-Profit-to-Asset % Chart

Sovereign Cloud Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

7.73

11.55

16.21

Sovereign Cloud Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			10.17	8.27	12.34	21.10	28.93

Competitive Comparison of Sovereign Cloud Holdings's Gross-Profit-to-Asset %

For the Software - Infrastructure subindustry, Sovereign Cloud Holdings'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.

Sovereign Cloud Holdings's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Sovereign Cloud Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sovereign Cloud Holdings's Gross-Profit-to-Asset % falls into.

Sovereign Cloud Holdings Gross-Profit-to-Asset % Calculation

Sovereign Cloud Holdings'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 )
	=	6.478	/	( (45.988	+	33.943)	/ 2 )
	=	6.478	/	39.9655
	=	16.21 %

Sovereign Cloud Holdings'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 )
	=	8.082	/	( (33.943	+	21.933)	/ 2 )
	=	8.082	/	27.938
	=	28.93 %

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.

Sovereign Cloud Holdings Gross-Profit-to-Asset % Related Terms

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Sovereign Cloud Holdings (ASX:SOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sovereign Cloud Holdings Ltd (ASX:SOV) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-21 Beaconsfield Street, Unit 7, Fyshwick, ACT, AUS, 2609

Website

https://www.australiacloud.com.au

Sovereign Cloud Holdings Ltd provides sovereign cloud services to Australian Governments and critical national industries. It has built a cloud-based platform, which is accredited by Government standards to PROTECTED controls or higher. The platform is available to rent computation cycles and data storage to customers on a pay-as-you-go basis, referred to as Infrastructure as a Service (IaaS).

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