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Delta 9 Cannabis (Delta 9 Cannabis) Gross-Profit-to-Asset % : 24.60% (As of Mar. 2024)


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What is Delta 9 Cannabis 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. Delta 9 Cannabis's annualized Gross Profit for the quarter that ended in Mar. 2024 was $13.17 Mil. Delta 9 Cannabis's average Total Assets over the quarter that ended in Mar. 2024 was $53.55 Mil. Therefore, Delta 9 Cannabis's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.60%.


Delta 9 Cannabis Gross-Profit-to-Asset % Historical Data

The historical data trend for Delta 9 Cannabis'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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Delta 9 Cannabis Gross-Profit-to-Asset % Chart

Delta 9 Cannabis Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.35 26.17 22.43 12.62 17.78

Delta 9 Cannabis Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.59 17.01 12.98 9.05 24.60

Competitive Comparison of Delta 9 Cannabis's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, Delta 9 Cannabis'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.


Delta 9 Cannabis's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delta 9 Cannabis's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Delta 9 Cannabis's Gross-Profit-to-Asset % falls into.



Delta 9 Cannabis Gross-Profit-to-Asset % Calculation

Delta 9 Cannabis'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 )
=10.767/( (65.919+55.224)/ 2 )
=10.767/60.5715
=17.78 %

Delta 9 Cannabis's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=13.172/( (55.224+51.884)/ 2 )
=13.172/53.554
=24.60 %

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


Delta 9 Cannabis Gross-Profit-to-Asset % Related Terms

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Delta 9 Cannabis (Delta 9 Cannabis) Business Description

Traded in Other Exchanges
Address
Osborne Village, P.O. Box 68096, Winnipeg, MB, CAN, R3L 2V9
Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company's subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand.