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G8 Education (ASX:GEM) Gross-Profit-to-Asset % : 56.98% (As of Dec. 2023)


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What is G8 Education 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. G8 Education's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$1,067.5 Mil. G8 Education's average Total Assets over the quarter that ended in Dec. 2023 was A$1,873.5 Mil. Therefore, G8 Education's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 56.98%.


G8 Education Gross-Profit-to-Asset % Historical Data

The historical data trend for G8 Education'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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G8 Education Gross-Profit-to-Asset % Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.46 26.15 41.40 47.73 51.39

G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 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 46.77 40.80 55.17 45.58 56.98

Competitive Comparison of G8 Education's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, G8 Education'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.


G8 Education's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, G8 Education's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where G8 Education's Gross-Profit-to-Asset % falls into.



G8 Education Gross-Profit-to-Asset % Calculation

G8 Education'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 )
=947.16/( (1783.571+1902.794)/ 2 )
=947.16/1843.1825
=51.39 %

G8 Education'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 )
=1067.532/( (1844.154+1902.794)/ 2 )
=1067.532/1873.474
=56.98 %

* 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.


G8 Education Gross-Profit-to-Asset % Related Terms

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G8 Education (ASX:GEM) Business Description

Traded in Other Exchanges
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.