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CNTM (ConnectM Technology Solutions) Gross-Profit-to-Asset % : 15.97% (As of Sep. 2024)


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What is ConnectM Technology Solutions 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. ConnectM Technology Solutions's annualized Gross Profit for the quarter that ended in Sep. 2024 was $7.50 Mil. ConnectM Technology Solutions's average Total Assets over the quarter that ended in Sep. 2024 was $46.94 Mil. Therefore, ConnectM Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 15.97%.

ConnectM Technology Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for ConnectM Technology Solutions'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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ConnectM Technology Solutions Gross-Profit-to-Asset % Chart

ConnectM Technology Solutions Annual Data
Trend Dec21 Dec22
Gross-Profit-to-Asset %
24.56 54.96

ConnectM Technology Solutions Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial - 17.32 54.34 - 15.97

Competitive Comparison of ConnectM Technology Solutions's Gross-Profit-to-Asset %

For the Software - Application subindustry, ConnectM Technology Solutions'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.

ConnectM Technology Solutions's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, ConnectM Technology Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

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


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ConnectM Technology Solutions Gross-Profit-to-Asset % Calculation

ConnectM Technology Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=4.037/( (3.632+11.058)/ 2 )
=4.037/7.345
=54.96 %

ConnectM Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7.496/( (80.138+13.747)/ 2 )
=7.496/46.9425
=15.97 %

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

ConnectM Technology Solutions Gross-Profit-to-Asset % Related Terms

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ConnectM Technology Solutions Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ConnectM Technology Solutions Inc (NAS:CNTM) » Definitions » Gross-Profit-to-Asset %
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Traded in Other Exchanges
N/A
Address
2 Mount Royal Avenue, Suite 550, Marlborough, MA, USA, 01752
Website
https://www.connectm.com
ConnectM Technology Solutions Inc is a clean energy technology and solutions provider. The company provides residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling and transportation. The group makes electrification more user-friendly, affordable, precise, and socially meaningful by combining technology, data, artificial intelligence, and contemporary design. In addition to its vertically integrated service network, ConnectM offers customers a comprehensive technology stack that enables them to reduce their fossil fuel consumption, lower their energy bills, and decrease their carbon footprint.