What is Treace Medical Concepts 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. Treace Medical Concepts's annualizedGross Profit for the quarter that ended in Mar. 2024 was $163.9 Mil.
Treace Medical Concepts's average Total Assets over the quarter that ended in Mar. 2024 was $247.3 Mil. Therefore, Treace Medical Concepts's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 66.28%.
Treace Medical Concepts Gross-Profit-to-Asset % Historical Data
The historical data trend for Treace Medical Concepts'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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Treace Medical Concepts Gross-Profit-to-Asset % Chart
Competitive Comparison of Treace Medical Concepts's Gross-Profit-to-Asset %
For the Medical Devices subindustry, Treace Medical Concepts'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.
Treace Medical Concepts's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Treace Medical Concepts's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Treace Medical Concepts's Gross-Profit-to-Asset % falls into.
Treace Medical Concepts Gross-Profit-to-Asset % Calculation
Treace Medical Concepts's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Mar. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Treace Medical Concepts Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Treace Medical Concepts's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Treace Medical Concepts (Treace Medical Concepts) Business Description
Treace Medical Concepts Inc is a commercial-stage orthopaedic medical device company. It is focused on advancing the standard of care for the surgical management of bunion deformities. The company's patented Lapiplasty 3D Bunion Correction procedure is designed to reproducibly correct all planes of the bunion deformity and address the root cause of the bunion, while allowing patients to return to their active lives quickly. The Company operates and manages its business as one segment, which is the business of designing, manufacturing, and marketing medical devices for physicians, surgeons, ambulatory surgery centers, and hospitals.
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