Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. FTC Solar's annualizedGross Profit for the quarter that ended in Mar. 2024 was $-8.43 Mil.
FTC Solar's average Total Assets over the quarter that ended in Mar. 2024 was $119.05 Mil. Therefore, FTC Solar's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -7.08%.
FTC Solar Gross-Profit-to-Asset % Historical Data
The historical data trend for FTC Solar'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.
Competitive Comparison of FTC Solar's Gross-Profit-to-Asset %
For the Solar subindustry, FTC Solar'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.
FTC Solar's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where FTC Solar's Gross-Profit-to-Asset % falls into.
FTC Solar Gross-Profit-to-Asset % Calculation
FTC Solar's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
FTC Solar Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of FTC Solar's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
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