GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Gross-Profit-to-Asset %

Fitell (Fitell) Gross-Profit-to-Asset % : 15.75% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Fitell 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. Fitell's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1.69 Mil. Fitell's average Total Assets over the quarter that ended in Dec. 2023 was $10.75 Mil. Therefore, Fitell's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 15.75%.

Fitell Gross-Profit-to-Asset % Historical Data

The historical data trend for Fitell'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.

Fitell Gross-Profit-to-Asset % Chart

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
43.63 61.93 30.03

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial 73.06 49.01 49.95 14.20 15.75

Competitive Comparison of Fitell's Gross-Profit-to-Asset %

For the Specialty Retail subindustry, Fitell'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.

Fitell's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fitell's Gross-Profit-to-Asset % distribution charts can be found below:

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


Fitell Gross-Profit-to-Asset % Calculation

Fitell's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=2.173/( (5.432+9.038)/ 2 )
=2.173/7.235
=30.03 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.694/( (9.038+12.469)/ 2 )
=1.694/10.7535
=15.75 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Fitell Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Fitell's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
LNBY NVVE SPEV GHST SSUNF POL JOAN MSSV HGGGQ IMBIQ ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.