Spear REIT (JSE:SEA) Gross-Profit-to-Asset % : 9.08% (As of Feb. 2024)

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What is Spear 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. Spear REIT's annualized Gross Profit for the quarter that ended in Feb. 2024 was R417.2 Mil. Spear REIT's average Total Assets over the quarter that ended in Feb. 2024 was R4,594.0 Mil. Therefore, Spear REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 9.08%.

Spear REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Spear 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.

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Spear REIT Gross-Profit-to-Asset % Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Gross-Profit-to-Asset %

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8.83

8.32

8.31

8.70

8.97

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial										7.99	8.47	8.64	8.77	9.08

Competitive Comparison of Spear REIT's Gross-Profit-to-Asset %

For the REIT - Diversified subindustry, Spear 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.

Spear REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spear REIT's Gross-Profit-to-Asset % distribution charts can be found below:

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

Spear REIT Gross-Profit-to-Asset % Calculation

Spear REIT's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Feb. 2024 )	/	( (Total Assets (A: Feb. 2023 )	+	Total Assets (A: Feb. 2024 ))	/ count )
	=	400.877	/	( (4256.708	+	4678.422)	/ 2 )
	=	400.877	/	4467.565
	=	8.97 %

Spear REIT'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: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	417.212	/	( (4509.616	+	4678.422)	/ 2 )
	=	417.212	/	4594.019
	=	9.08 %

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

Spear REIT Gross-Profit-to-Asset % Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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