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Schmitt Industries (STU:SI1A) Gross-Profit-to-Asset % : 6.47% (As of May. 2022)


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What is Schmitt Industries 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. Schmitt Industries's annualized Gross Profit for the quarter that ended in May. 2022 was €1.28 Mil. Schmitt Industries's average Total Assets over the quarter that ended in May. 2022 was €19.77 Mil. Therefore, Schmitt Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2022 was 6.47%.


Schmitt Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Schmitt Industries'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.

Schmitt Industries Gross-Profit-to-Asset % Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.98 17.22 17.10 11.51 24.57

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -6.16 45.29 30.40 15.07 6.47

Competitive Comparison of Schmitt Industries's Gross-Profit-to-Asset %

For the Scientific & Technical Instruments subindustry, Schmitt Industries'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.


Schmitt Industries's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Schmitt Industries's Gross-Profit-to-Asset % distribution charts can be found below:

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



Schmitt Industries Gross-Profit-to-Asset % Calculation

Schmitt Industries's annualized Gross-Profit-to-Asset % for the fiscal year that ended in May. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: May. 2022 )/( (Total Assets (A: May. 2021 )+Total Assets (A: May. 2022 ))/ count )
=4.795/( (17.426+21.606)/ 2 )
=4.795/19.516
=24.57 %

Schmitt Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=1.28/( (17.931+21.606)/ 2 )
=1.28/19.7685
=6.47 %

* 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 (May. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Schmitt Industries Gross-Profit-to-Asset % Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

Schmitt Industries (STU:SI1A) Headlines

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