Inspire Veterinary Partners (Inspire Veterinary Partners) Gross-Profit-to-Asset % : 19.58% (As of Mar. 2024)

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What is Inspire Veterinary Partners 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. Inspire Veterinary Partners's annualized Gross Profit for the quarter that ended in Mar. 2024 was $4.42 Mil. Inspire Veterinary Partners's average Total Assets over the quarter that ended in Mar. 2024 was $22.59 Mil. Therefore, Inspire Veterinary Partners's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.58%.

Inspire Veterinary Partners Gross-Profit-to-Asset % Historical Data

The historical data trend for Inspire Veterinary Partners'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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Inspire Veterinary Partners Gross-Profit-to-Asset % Chart

Inspire Veterinary Partners Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

13.10

19.20

16.93

Inspire Veterinary Partners Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial					21.77	25.09	20.52	2.64	19.58

Competitive Comparison of Inspire Veterinary Partners's Gross-Profit-to-Asset %

For the Personal Services subindustry, Inspire Veterinary Partners'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.

Inspire Veterinary Partners's Gross-Profit-to-Asset % Distribution in the Personal Services Industry

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

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

Inspire Veterinary Partners Gross-Profit-to-Asset % Calculation

Inspire Veterinary Partners's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	3.554	/	( (20.186	+	21.791)	/ 2 )
	=	3.554	/	20.9885
	=	16.93 %

Inspire Veterinary Partners's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	4.424	/	( (21.791	+	23.395)	/ 2 )
	=	4.424	/	22.593
	=	19.58 %

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

Inspire Veterinary Partners Gross-Profit-to-Asset % Related Terms

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Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Inspire Veterinary Partners Inc (NAS:IVP) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452

Website

Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.

Executives

Alexander Lawrence	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser	director, officer: Chief Operating Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr	director, officer: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau	director	P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc	other: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank	officer: Chief Financial Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452