TrustBIX (TSXV:TBIX) Gross-Profit-to-Asset % : 55.54% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is TrustBIX 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. TrustBIX's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$0.48 Mil. TrustBIX's average Total Assets over the quarter that ended in Mar. 2024 was C$0.86 Mil. Therefore, TrustBIX's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 55.54%.

TrustBIX Gross-Profit-to-Asset % Historical Data

The historical data trend for TrustBIX'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.

TrustBIX Gross-Profit-to-Asset % Chart

TrustBIX Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

-75.59

-46.55

3.61

-54.18

11.69

TrustBIX 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															25.79	-14.52	101.57	38.04	55.54

Competitive Comparison of TrustBIX's Gross-Profit-to-Asset %

For the Software - Application subindustry, TrustBIX'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.

TrustBIX's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, TrustBIX's Gross-Profit-to-Asset % distribution charts can be found below:

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

TrustBIX Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %	=	Gross Profit (A: Sep. 2023 )	/	( (Total Assets (A: Sep. 2022 )	+	Total Assets (A: Sep. 2023 ))	/ count )
	=	0.157	/	( (2.079	+	0.606)	/ 2 )
	=	0.157	/	1.3425
	=	11.69 %

TrustBIX'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 )
	=	0.476	/	( (0.698	+	1.016)	/ 2 )
	=	0.476	/	0.857
	=	55.54 %

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.

TrustBIX Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of TrustBIX's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

TrustBIX (TSXV:TBIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TrustBIX Inc (TSXV:TBIX) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

TBIXF:USA

Address

10607 - 82 Street NW, Suite 200, 2nd Floor, Edmonton, AB, CAN, T6A 3N2

Website

https://www.trustbix.com

TrustBIX Inc goal is to create a world where we trust more, waste less and reward sustainable behaviour by addressing consumer and agri-food business demands. The company delivers independent validation of food provenance and sustainable production practices within the supply chain - Gate to Plate. It provides a suite of hardware and software solutions to the livestock industry in North America and China. The company's Insight technology offers an edge-to-enterprise supply chain solution that brings asset situational awareness to dealers, equipment fleets, and civil construction managers.

Executives

Hubert Lau

Director, Senior Officer

TrustBIX (TSXV:TBIX) Headlines

No Headlines