GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Close The Loop Ltd (ASX:CLG) » Definitions » Gross-Profit-to-Asset %

Close The Loop (ASX:CLG) Gross-Profit-to-Asset % : 21.31% (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Close The Loop 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. Close The Loop's annualized Gross Profit for the quarter that ended in Dec. 2024 was A$64.0 Mil. Close The Loop's average Total Assets over the quarter that ended in Dec. 2024 was A$300.5 Mil. Therefore, Close The Loop's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 21.31%.


Close The Loop Gross-Profit-to-Asset % Historical Data

The historical data trend for Close The Loop'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.

Close The Loop Gross-Profit-to-Asset % Chart

Close The Loop Annual Data
Trend Jun22 Jun23 Jun24
Gross-Profit-to-Asset %
22.80 26.18 28.17

Close The Loop Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 39.27 30.27 26.80 27.69 21.31

Competitive Comparison of Close The Loop's Gross-Profit-to-Asset %

For the Waste Management subindustry, Close The Loop'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.


Close The Loop's Gross-Profit-to-Asset % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Close The Loop's Gross-Profit-to-Asset % distribution charts can be found below:

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


;
;

Close The Loop Gross-Profit-to-Asset % Calculation

Close The Loop's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=80.043/( (271.379+297.002)/ 2 )
=80.043/284.1905
=28.17 %

Close The Loop's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=64.034/( (297.002+303.989)/ 2 )
=64.034/300.4955
=21.31 %

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


Close The Loop Gross-Profit-to-Asset % Related Terms

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


Close The Loop Business Description

Traded in Other Exchanges
N/A
Address
43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

Close The Loop Headlines

No Headlines