GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogeco Communications Inc (TSX:CCA) » Definitions » Gross-Profit-to-Asset %

Cogeco Communications (TSX:CCA) Gross-Profit-to-Asset % : 25.56% (As of Feb. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Cogeco Communications 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. Cogeco Communications's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$2,443 Mil. Cogeco Communications's average Total Assets over the quarter that ended in Feb. 2024 was C$9,558 Mil. Therefore, Cogeco Communications's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 25.56%.


Cogeco Communications Gross-Profit-to-Asset % Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications Gross-Profit-to-Asset % Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.12 29.22 29.83 29.60 26.15

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.61 25.48 25.21 25.96 25.56

Competitive Comparison of Cogeco Communications's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Gross-Profit-to-Asset % distribution charts can be found below:

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



Cogeco Communications Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=2490.009/( (9278.509+9768.37)/ 2 )
=2490.009/9523.4395
=26.15 %

Cogeco Communications's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=2442.792/( (9501.497+9614.606)/ 2 )
=2442.792/9558.0515
=25.56 %

* 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 (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Cogeco Communications Gross-Profit-to-Asset % Related Terms

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


Cogeco Communications (TSX:CCA) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (TSX:CCA) Headlines