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Leon's Furniture (TSX:LNF) Gross-Profit-to-Asset % : 44.91% (As of Mar. 2024)


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What is Leon's Furniture 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. Leon's Furniture's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$987 Mil. Leon's Furniture's average Total Assets over the quarter that ended in Mar. 2024 was C$2,198 Mil. Therefore, Leon's Furniture's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 44.91%.


Leon's Furniture Gross-Profit-to-Asset % Historical Data

The historical data trend for Leon's Furniture'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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Leon's Furniture Gross-Profit-to-Asset % Chart

Leon's Furniture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.61 43.11 45.50 47.75 49.06

Leon's Furniture Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.79 48.32 53.14 55.46 44.91

Competitive Comparison of Leon's Furniture's Gross-Profit-to-Asset %

For the Specialty Retail subindustry, Leon's Furniture'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.


Leon's Furniture's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Leon's Furniture's Gross-Profit-to-Asset % distribution charts can be found below:

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



Leon's Furniture Gross-Profit-to-Asset % Calculation

Leon's Furniture's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1083.177/( (2193.643+2221.839)/ 2 )
=1083.177/2207.741
=49.06 %

Leon's Furniture's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=986.976/( (2221.839+2173.494)/ 2 )
=986.976/2197.6665
=44.91 %

* 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.


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Leon's Furniture (TSX:LNF) Business Description

Traded in Other Exchanges
Address
45 Gordon Mackay Road, Toronto, ON, CAN, M9N 3X3
Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
Executives
John Andrew Cooney Senior Officer

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