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BorrowMoney.com (BorrowMoney.com) Gross-Profit-to-Asset % : -1,120.00% (As of Feb. 2024)


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What is BorrowMoney.com 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. BorrowMoney.com's annualized Gross Profit for the quarter that ended in Feb. 2024 was $-0.08 Mil. BorrowMoney.com's average Total Assets over the quarter that ended in Feb. 2024 was $0.01 Mil. Therefore, BorrowMoney.com's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was -1,120.00%.

BorrowMoney.com Gross-Profit-to-Asset % Historical Data

The historical data trend for BorrowMoney.com'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.

BorrowMoney.com Gross-Profit-to-Asset % Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial -105.88 25.00 35.29 353.85 -

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -421.05 - - -262.50 -1,120.00

Competitive Comparison of BorrowMoney.com's Gross-Profit-to-Asset %

For the Credit Services subindustry, BorrowMoney.com'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.

BorrowMoney.com's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, BorrowMoney.com's Gross-Profit-to-Asset % distribution charts can be found below:

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


BorrowMoney.com Gross-Profit-to-Asset % Calculation

BorrowMoney.com's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Aug. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=0/( (0.004+0.056)/ 2 )
=0/0.03
=0.00 %

BorrowMoney.com's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.084/( (0.008+0.007)/ 2 )
=-0.084/0.0075
=-1,120.00 %

* 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 (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

BorrowMoney.com Gross-Profit-to-Asset % Related Terms

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BorrowMoney.com (BorrowMoney.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.