Adherium (ASX:ADRDA) Gross-Profit-to-Asset % : -2.17% (As of Dec. 2023)

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What is Adherium 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. Adherium's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$-0.22 Mil. Adherium's average Total Assets over the quarter that ended in Dec. 2023 was A$9.96 Mil. Therefore, Adherium's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -2.17%.

Adherium Gross-Profit-to-Asset % Historical Data

The historical data trend for Adherium'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.

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Adherium Gross-Profit-to-Asset % Chart

Adherium Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

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18.74

31.33

-0.21

2.64

25.20

Adherium Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial										-5.56	14.56	8.92	28.78	-2.17

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

For the Medical Devices subindustry, Adherium'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.

Adherium's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adherium's Gross-Profit-to-Asset % distribution charts can be found below:

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

Adherium Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2023 )	/	( (Total Assets (A: Jun. 2022 )	+	Total Assets (A: Jun. 2023 ))	/ count )
	=	2.525	/	( (7.36	+	12.681)	/ 2 )
	=	2.525	/	10.0205
	=	25.20 %

Adherium'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: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.216	/	( (12.681	+	7.23)	/ 2 )
	=	-0.216	/	9.9555
	=	-2.17 %

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.

Adherium Gross-Profit-to-Asset % Related Terms

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Adherium (ASX:ADRDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Adherium Ltd (ASX:ADRDA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

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Address

333 Collins Street, Level 14, Melbourne, VIC, AUS, 3000

Website

https://www.adherium.com

Adherium Ltd is engaged in the development, manufacture, and supply of its Hailie digital health technologies that address sub-optimal medication use and improve health outcomes in chronic disease. Geographically, it derives a majority of its revenue from Europe and also has a presence in New Zealand and Australia; North America, and Asia.

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