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Goodfood Market (Goodfood Market) Gross-Profit-to-Asset % : 124.43% (As of Feb. 2024)


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What is Goodfood Market 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. Goodfood Market's annualized Gross Profit for the quarter that ended in Feb. 2024 was $50.7 Mil. Goodfood Market's average Total Assets over the quarter that ended in Feb. 2024 was $40.7 Mil. Therefore, Goodfood Market's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 124.43%.

Goodfood Market Gross-Profit-to-Asset % Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market Gross-Profit-to-Asset % Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 69.68 70.96 56.56 34.76 67.65

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 77.50 98.09 93.84 110.77 124.43

Competitive Comparison of Goodfood Market's Gross-Profit-to-Asset %

For the Personal Services subindustry, Goodfood Market'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.

Goodfood Market's Gross-Profit-to-Asset % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Gross-Profit-to-Asset % distribution charts can be found below:

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


Goodfood Market Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=48.509/( (100.525+42.891)/ 2 )
=48.509/71.708
=67.65 %

Goodfood Market's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=50.692/( (41.037+40.444)/ 2 )
=50.692/40.7405
=124.43 %

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

Goodfood Market Gross-Profit-to-Asset % Related Terms

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Goodfood Market (Goodfood Market) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (OTCPK:GDDFF) » Definitions » Gross-Profit-to-Asset %
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Traded in Other Exchanges
76O:Germany FOOD:Canada
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Website
https://www.makegoodfood.ca
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.