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Frequency Exchange (TSXV:FREQ) Gross-Profit-to-Asset % : 76.38% (As of Sep. 2023)


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What is Frequency Exchange 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. Frequency Exchange's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$0.46 Mil. Frequency Exchange's average Total Assets over the quarter that ended in Sep. 2023 was C$0.60 Mil. Therefore, Frequency Exchange's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 76.38%.


Frequency Exchange Gross-Profit-to-Asset % Historical Data

The historical data trend for Frequency Exchange'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.

Frequency Exchange Gross-Profit-to-Asset % Chart

Frequency Exchange Annual Data
Trend Oct20 Oct21 Dec22
Gross-Profit-to-Asset %
- - 45.60

Frequency Exchange Quarterly Data
Oct20 Jan21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 43.35 46.86 58.46 76.38

Competitive Comparison of Frequency Exchange's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Frequency Exchange'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.


Frequency Exchange's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Frequency Exchange's Gross-Profit-to-Asset % distribution charts can be found below:

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



Frequency Exchange Gross-Profit-to-Asset % Calculation

Frequency Exchange's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Oct. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.435/( (0.511+1.397)/ 2 )
=0.435/0.954
=45.60 %

Frequency Exchange'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: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.456/( (0.608+0.586)/ 2 )
=0.456/0.597
=76.38 %

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


Frequency Exchange Gross-Profit-to-Asset % Related Terms

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Frequency Exchange (TSXV:FREQ) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3
Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.
Executives
Stephen Davis 10% Security Holder, Director, Senior Officer