HIVE Digital Technologies (HIVE Digital Technologies) Gross-Profit-to-Asset % : -0.46% (As of Dec. 2023)

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What is HIVE Digital Technologies 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. HIVE Digital Technologies's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-0.9 Mil. HIVE Digital Technologies's average Total Assets over the quarter that ended in Dec. 2023 was $200.6 Mil. Therefore, HIVE Digital Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -0.46%.

HIVE Digital Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for HIVE Digital Technologies'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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HIVE Digital Technologies Gross-Profit-to-Asset % Chart

HIVE Digital Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

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-41.23

5.75

58.07

30.34

-10.08

HIVE Digital Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-35.94	32.48	-19.04	-32.62	-0.46

Competitive Comparison of HIVE Digital Technologies's Gross-Profit-to-Asset %

For the Capital Markets subindustry, HIVE Digital Technologies'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.

HIVE Digital Technologies's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's Gross-Profit-to-Asset % distribution charts can be found below:

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

HIVE Digital Technologies Gross-Profit-to-Asset % Calculation

HIVE Digital Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2023 )	/	( (Total Assets (A: Mar. 2022 )	+	Total Assets (A: Mar. 2023 ))	/ count )
	=	-32.674	/	( (452.274	+	196.118)	/ 2 )
	=	-32.674	/	324.196
	=	-10.08 %

HIVE Digital Technologies'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: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.916	/	( (169.957	+	231.235)	/ 2 )
	=	-0.916	/	200.596
	=	-0.46 %

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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

HIVE Digital Technologies Gross-Profit-to-Asset % Related Terms

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HIVE Digital Technologies (HIVE Digital Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HIVE Digital Technologies Ltd (NAS:HIVE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

YO0:Germany HIVE:Canada

Address

789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2

Website

https://www.hiveblockchain.com

HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.