CloudMD Software & Services (CloudMD Software & Services) Gross-Profit-to-Asset % : 40.96% (As of Mar. 2024)

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What is CloudMD Software & Services 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. CloudMD Software & Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was $24.93 Mil. CloudMD Software & Services's average Total Assets over the quarter that ended in Mar. 2024 was $60.86 Mil. Therefore, CloudMD Software & Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 40.96%.

CloudMD Software & Services Gross-Profit-to-Asset % Historical Data

The historical data trend for CloudMD Software & Services'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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CloudMD Software & Services Gross-Profit-to-Asset % Chart

CloudMD Software & Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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25.31

7.77

12.03

13.43

26.21

CloudMD Software & Services 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															18.66	21.18	21.03	31.46	40.96

Competitive Comparison of CloudMD Software & Services's Gross-Profit-to-Asset %

For the Health Information Services subindustry, CloudMD Software & Services'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.

CloudMD Software & Services's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CloudMD Software & Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where CloudMD Software & Services's Gross-Profit-to-Asset % falls into.

CloudMD Software & Services Gross-Profit-to-Asset % Calculation

CloudMD Software & Services'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 )
	=	26.18	/	( (137.239	+	62.544)	/ 2 )
	=	26.18	/	99.8915
	=	26.21 %

CloudMD Software & Services'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 )
	=	24.928	/	( (62.544	+	59.177)	/ 2 )
	=	24.928	/	60.8605
	=	40.96 %

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.

CloudMD Software & Services Gross-Profit-to-Asset % Related Terms

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CloudMD Software & Services (CloudMD Software & Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CloudMD Software & Services Inc (OTCPK:DOCRF) » Definitions » Gross-Profit-to-Asset %

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6PH:Germany DOC:Canada

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.cloudmd.ca

CloudMD Software & Services Inc is digitizing the delivery of healthcare by providing patients access to all points of their care from their phone, tablet or desktop computer. The company offers SAAS-based health technology solutions to medical clinics across Canada and has developed proprietary technology that delivers quality healthcare through the combination of connected primary care clinics, telemedicine, and artificial intelligence (AI). It has two segments Digital Health Solutions and Enterprise Health Solutions.