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Stor-Age Property REIT (JSE:SSS) Gross-Profit-to-Asset % : 7.87% (As of Sep. 2023)


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What is Stor-Age Property REIT 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. Stor-Age Property REIT's annualized Gross Profit for the quarter that ended in Sep. 2023 was R967 Mil. Stor-Age Property REIT's average Total Assets over the quarter that ended in Sep. 2023 was R12,286 Mil. Therefore, Stor-Age Property REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 7.87%.


Stor-Age Property REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Stor-Age Property REIT'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.

Stor-Age Property REIT Gross-Profit-to-Asset % Chart

Stor-Age Property REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 6.88 7.14 7.39 7.41 7.38

Stor-Age Property REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 7.66 7.71 7.38 7.40 7.87

Competitive Comparison of Stor-Age Property REIT's Gross-Profit-to-Asset %

For the REIT - Industrial subindustry, Stor-Age Property REIT'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.


Stor-Age Property REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's Gross-Profit-to-Asset % falls into.



Stor-Age Property REIT Gross-Profit-to-Asset % Calculation

Stor-Age Property REIT's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=832.818/( (10505.636+12056.203)/ 2 )
=832.818/11280.9195
=7.38 %

Stor-Age Property REIT'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: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=966.684/( (12056.203+12515.962)/ 2 )
=966.684/12286.0825
=7.87 %

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


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Stor-Age Property REIT (JSE:SSS) Business Description

Traded in Other Exchanges
N/A
Address
216 Main Road, Claremont, Cape Town, WC, ZAF, 7708
Stor-Age Property REIT Ltd developed, acquired, and managed self storage properties across South Africa. Its geographical segments include Western Cape; Gauteng; Free State and KwaZuluNatal, Eastern Cape. The company derives a majority of revenue from the Gauteng region.

Stor-Age Property REIT (JSE:SSS) Headlines

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