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Flagship Communities REIT (TSX:MHC.U) Gross-Profit-to-Asset % : 5.81% (As of Mar. 2024)


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What is Flagship Communities 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. Flagship Communities REIT's annualized Gross Profit for the quarter that ended in Mar. 2024 was $53.35 Mil. Flagship Communities REIT's average Total Assets over the quarter that ended in Mar. 2024 was $917.52 Mil. Therefore, Flagship Communities REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.81%.


Flagship Communities REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Flagship Communities 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.

Flagship Communities REIT Gross-Profit-to-Asset % Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 5.13 - 5.03 5.15 5.46

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 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 5.46 5.52 5.42 5.32 5.81

Competitive Comparison of Flagship Communities REIT's Gross-Profit-to-Asset %

For the REIT - Residential subindustry, Flagship Communities 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.


Flagship Communities REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

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

* The bar in red indicates where Flagship Communities REIT's Gross-Profit-to-Asset % falls into.



Flagship Communities REIT Gross-Profit-to-Asset % Calculation

Flagship Communities REIT'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 )
=46.431/( (799.268+902.601)/ 2 )
=46.431/850.9345
=5.46 %

Flagship Communities REIT'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 )
=53.348/( (902.601+932.445)/ 2 )
=53.348/917.523
=5.81 %

* 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.


Flagship Communities REIT Gross-Profit-to-Asset % Related Terms

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Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

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