Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tri-Continental's annualizedGross Profit for the quarter that ended in Dec. 2023 was $222.6 Mil.
Tri-Continental's average Total Assets over the quarter that ended in Dec. 2023 was $1,730.2 Mil. Therefore, Tri-Continental's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 12.87%.
Tri-Continental Gross-Profit-to-Asset % Historical Data
The historical data trend for Tri-Continental'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.
Competitive Comparison of Tri-Continental's Gross-Profit-to-Asset %
For the Asset Management subindustry, Tri-Continental'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.
Tri-Continental's Gross-Profit-to-Asset % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Tri-Continental's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Tri-Continental's Gross-Profit-to-Asset % falls into.
* 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 two times the semi-annual (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Tri-Continental Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Tri-Continental's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tri-Continental (Tri-Continental) Business Description
Tri-Continental Corp is a United States-based closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
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