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Sphere 3D (FRA:8S3) Gross-Profit-to-Asset % : 24.14% (As of Mar. 2024)


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What is Sphere 3D 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. Sphere 3D's annualized Gross Profit for the quarter that ended in Mar. 2024 was €9.71 Mil. Sphere 3D's average Total Assets over the quarter that ended in Mar. 2024 was €40.23 Mil. Therefore, Sphere 3D's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.14%.


Sphere 3D Gross-Profit-to-Asset % Historical Data

The historical data trend for Sphere 3D'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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Sphere 3D Gross-Profit-to-Asset % Chart

Sphere 3D 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 19.09 21.39 1.40 1.56 9.09

Sphere 3D 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 3.85 6.44 7.49 21.16 24.14

Competitive Comparison of Sphere 3D's Gross-Profit-to-Asset %

For the Software - Application subindustry, Sphere 3D'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.


Sphere 3D's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Sphere 3D's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sphere 3D's Gross-Profit-to-Asset % falls into.



Sphere 3D Gross-Profit-to-Asset % Calculation

Sphere 3D'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 )
=5.467/( (78.367+41.873)/ 2 )
=5.467/60.12
=9.09 %

Sphere 3D'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 )
=9.712/( (41.873+38.594)/ 2 )
=9.712/40.2335
=24.14 %

* 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.


Sphere 3D Gross-Profit-to-Asset % Related Terms

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Sphere 3D (FRA:8S3) Business Description

Industry
Traded in Other Exchanges
Address
4 Greenwich Office Park, Suite 100, 1st Floor, Greenwich, CT, USA, 06831
Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Sphere 3D (FRA:8S3) Headlines

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