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Marwest Apartment REIT (TSXV:MAR.UN) Gross-Profit-to-Asset % : 4.70% (As of Mar. 2024)


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What is Marwest Apartment 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. Marwest Apartment REIT's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$6.63 Mil. Marwest Apartment REIT's average Total Assets over the quarter that ended in Mar. 2024 was C$140.96 Mil. Therefore, Marwest Apartment REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.70%.


Marwest Apartment REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Marwest Apartment 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.

Marwest Apartment REIT Gross-Profit-to-Asset % Chart

Marwest Apartment REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- 4.40 3.86 4.68

Marwest Apartment REIT Quarterly Data
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 4.39 4.90 4.92 4.71 4.70

Competitive Comparison of Marwest Apartment REIT's Gross-Profit-to-Asset %

For the REIT - Residential subindustry, Marwest Apartment 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.


Marwest Apartment REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

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

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



Marwest Apartment REIT Gross-Profit-to-Asset % Calculation

Marwest Apartment 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 )
=6.36/( (131.81+139.77)/ 2 )
=6.36/135.79
=4.68 %

Marwest Apartment 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 )
=6.628/( (139.77+142.141)/ 2 )
=6.628/140.9555
=4.70 %

* 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.


Marwest Apartment REIT Gross-Profit-to-Asset % Related Terms

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Marwest Apartment REIT (TSXV:MAR.UN) Business Description

Traded in Other Exchanges
N/A
Address
220 Portage Avenue, Suite 500, Winnipeg, MB, CAN, R3C 0A5
Marwest Apartment REIT is an open-ended real estate investment trust. The trust is focused on acquiring multi-family residential real estate in Western Canada.

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