What is Global Medical REIT 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. Global Medical REIT's annualizedGross Profit for the quarter that ended in Dec. 2024 was $111.0 Mil.
Global Medical REIT's average Total Assets over the quarter that ended in Dec. 2024 was $1,249.5 Mil. Therefore, Global Medical REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 8.89%.
Global Medical REIT Gross-Profit-to-Asset % Historical Data
The historical data trend for Global Medical REIT'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 Global Medical REIT's Gross-Profit-to-Asset %
For the REIT - Healthcare Facilities subindustry, Global Medical REIT'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.
Global Medical REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Global Medical REIT's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Global Medical REIT's Gross-Profit-to-Asset % falls into.
Global Medical REIT Gross-Profit-to-Asset % Calculation
Global Medical REIT's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 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 (Dec. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Global Medical REIT Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Global Medical REIT's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Medical REIT Inc is engaged predominantly in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to physician groups and regional and national healthcare systems. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GMRE has been successfully added to your 