GL Brands (GL Brands) Gross-Profit-to-Asset % : 31.04% (As of Sep. 2019)

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What is GL Brands 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. GL Brands's annualized Gross Profit for the quarter that ended in Sep. 2019 was $5.85 Mil. GL Brands's average Total Assets over the quarter that ended in Sep. 2019 was $18.84 Mil. Therefore, GL Brands's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2019 was 31.04%.

GL Brands Gross-Profit-to-Asset % Historical Data

The historical data trend for GL Brands'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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GL Brands Gross-Profit-to-Asset % Chart

GL Brands Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Gross-Profit-to-Asset %

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-1,434.78

-87.50

137.36

2.13

0.03

GL Brands Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															15.52	8.86	14.02	-25.95	31.04

Competitive Comparison of GL Brands's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, GL Brands'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.

GL Brands's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GL Brands's Gross-Profit-to-Asset % distribution charts can be found below:

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

GL Brands Gross-Profit-to-Asset % Calculation

GL Brands's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2019 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2019 )	/	( (Total Assets (A: Jun. 2018 )	+	Total Assets (A: Jun. 2019 ))	/ count )
	=	0.004	/	( (8.4	+	18.227)	/ 2 )
	=	0.004	/	13.3135
	=	0.03 %

GL Brands's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2019 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2019 )	/	( (Total Assets (Q: Jun. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
	=	5.848	/	( (18.227	+	19.458)	/ 2 )
	=	5.848	/	18.8425
	=	31.04 %

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 (Sep. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

GL Brands Gross-Profit-to-Asset % Related Terms

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GL Brands (GL Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GL Brands Inc (OTCPK:GRLB) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3939 Beltline Road, Suite 350, Addison, TX, USA, 75001

Website

https://www.glbrands.com

GL Brands Inc is a hemp consumer packaged goods company. It is engaged in the development and commercialization of a portfolio of brands that market and sell responsibly produced cannabinoid-rich products for health and well-being. The firm's portfolio of products consists of tinctures, softgels, gummies, sparkling beverages, vapes and others.

Executives

Rsgroberg Consulting Llc	other: former director	1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052
Pelosi Paul Francis Jr	other: Former director	2269 CHESTNUT STREET, SAN FRANCISCO CA 94123
David Goldburg	director	641 LEXINGTON AVENUE 18TH FLOOR NEW YORK NY 10020
Christopher Michael Sloan	other: former COO	2755 W. PEBBLE ROAD #506 LAS VEGAS NV 89123
Joshua Martin Halford	officer: CTO	5175 JERRY TARKANIAN WAY #16303 LAS VEGAS NV 89148
Raymond P Medeiros	director	3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Clifford J Perry	director, 10 percent owner, officer: CEO, CFO	3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Richard C. Cowan	director, 10 percent owner	1300 DOVE STREET #215 NEWPORT BEACH CA 92660