MIND C.T.I. (MIND C.T.I.) Gross-Profit-to-Asset % : 35.79% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is MIND C.T.I. 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. MIND C.T.I.'s annualized Gross Profit for the quarter that ended in Dec. 2023 was $11.10 Mil. MIND C.T.I.'s average Total Assets over the quarter that ended in Dec. 2023 was $31.02 Mil. Therefore, MIND C.T.I.'s annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 35.79%.

MIND C.T.I. Gross-Profit-to-Asset % Historical Data

The historical data trend for MIND C.T.I.'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.

MIND C.T.I. Gross-Profit-to-Asset % Chart

MIND C.T.I. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

43.94

38.48

42.35

35.47

34.29

MIND C.T.I. Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															36.05	33.38	34.80	35.71	35.79

Competitive Comparison of MIND C.T.I.'s Gross-Profit-to-Asset %

For the Software - Application subindustry, MIND C.T.I.'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.

MIND C.T.I.'s Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, MIND C.T.I.'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where MIND C.T.I.'s Gross-Profit-to-Asset % falls into.

MIND C.T.I. Gross-Profit-to-Asset % Calculation

MIND C.T.I.'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 )
	=	10.866	/	( (31.743	+	31.625)	/ 2 )
	=	10.866	/	31.684
	=	34.29 %

MIND C.T.I.'s annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	11.1	/	( (30.407	+	31.625)	/ 2 )
	=	11.1	/	31.016
	=	35.79 %

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

MIND C.T.I. Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of MIND C.T.I.'s Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

MIND C.T.I. (MIND C.T.I.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MIND C.T.I. Ltd (NAS:MNDO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 HaCarmel Street, Yoqneam, ISR, 2066724

Website

https://www.mindcti.com

MIND C.T.I. Ltd develops, manufactures, markets and implements real-time and off-line convergent billing and customer care software solutions. The company derives revenue from sale of software products and services in two operating segments namelyBilling and Related Services and Messaging. The Company has three product lines: Product line A- billing and customer care solutions for service providers; Product line B - call accounting and call management solutions for enterprises; and Product line C - mobile messaging, communication, and payment solutions.