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COMSovereign Holding (COMSovereign Holding) Gross-Profit-to-Asset % : 2.84% (As of Sep. 2023)


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What is COMSovereign Holding 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. COMSovereign Holding's annualized Gross Profit for the quarter that ended in Sep. 2023 was $0.58 Mil. COMSovereign Holding's average Total Assets over the quarter that ended in Sep. 2023 was $20.59 Mil. Therefore, COMSovereign Holding's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 2.84%.


COMSovereign Holding Gross-Profit-to-Asset % Historical Data

The historical data trend for COMSovereign Holding'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.

COMSovereign Holding Gross-Profit-to-Asset % Chart

COMSovereign Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.35 2.79 3.85 4.09 4.03

COMSovereign Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 14.26 5.95 3.08 49.70 2.84

Competitive Comparison of COMSovereign Holding's Gross-Profit-to-Asset %

For the Telecom Services subindustry, COMSovereign Holding'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.


COMSovereign Holding's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

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

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



COMSovereign Holding Gross-Profit-to-Asset % Calculation

COMSovereign Holding'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 )
=2.284/( (88.529+24.918)/ 2 )
=2.284/56.7235
=4.03 %

COMSovereign Holding's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.584/( (20.893+20.287)/ 2 )
=0.584/20.59
=2.84 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


COMSovereign Holding Gross-Profit-to-Asset % Related Terms

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COMSovereign Holding (COMSovereign Holding) Business Description

Traded in Other Exchanges
Address
6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.