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Ethernity Networks (LSE:ENET) Gross-Profit-to-Asset % : 28.82% (As of Dec. 2023)


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What is Ethernity Networks 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. Ethernity Networks's annualized Gross Profit for the quarter that ended in Dec. 2023 was £2.43 Mil. Ethernity Networks's average Total Assets over the quarter that ended in Dec. 2023 was £8.43 Mil. Therefore, Ethernity Networks's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.82%.


Ethernity Networks Gross-Profit-to-Asset % Historical Data

The historical data trend for Ethernity Networks'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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Ethernity Networks Gross-Profit-to-Asset % Chart

Ethernity Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 11.82 12.37 10.64 20.88

Ethernity Networks Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.09 5.02 16.55 13.17 28.82

Competitive Comparison of Ethernity Networks's Gross-Profit-to-Asset %

For the Software - Application subindustry, Ethernity Networks'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.


Ethernity Networks's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Ethernity Networks's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ethernity Networks Gross-Profit-to-Asset % Calculation

Ethernity Networks'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 )
=1.849/( (10.063+7.644)/ 2 )
=1.849/8.8535
=20.88 %

Ethernity Networks'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2.43/( (9.217+7.644)/ 2 )
=2.43/8.4305
=28.82 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Ethernity Networks Gross-Profit-to-Asset % Related Terms

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Ethernity Networks Business Description

Traded in Other Exchanges
Address
1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900
Ethernity Networks Ltd technology solutions provider that develops and delivers data processing technology and solutions used in high-end Carrier Ethernet applications across the telecom, mobile, security, and data center markets. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, Israel, and the United States. Its product categories include ENET Network Appliances, PON Devices ACE-NIC SmartNICs, ENET Flow Processors, and FPGA Boards.

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