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Innovative Eyewear (Innovative Eyewear) Gross-Profit-to-Asset % : 0.51% (As of Mar. 2024)


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What is Innovative Eyewear 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. Innovative Eyewear's annualized Gross Profit for the quarter that ended in Mar. 2024 was $0.03 Mil. Innovative Eyewear's average Total Assets over the quarter that ended in Mar. 2024 was $5.52 Mil. Therefore, Innovative Eyewear's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 0.51%.


Innovative Eyewear Gross-Profit-to-Asset % Historical Data

The historical data trend for Innovative Eyewear'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.

* Premium members only.

Innovative Eyewear Gross-Profit-to-Asset % Chart

Innovative Eyewear Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- -8.06 28.60 -2.03 -2.18

Innovative Eyewear Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 -1.66 3.67 -10.05 0.51

Competitive Comparison of Innovative Eyewear's Gross-Profit-to-Asset %

For the Medical Instruments & Supplies subindustry, Innovative Eyewear'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.


Innovative Eyewear's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's Gross-Profit-to-Asset % distribution charts can be found below:

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



Innovative Eyewear Gross-Profit-to-Asset % Calculation

Innovative Eyewear'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 )
=-0.119/( (4.69+6.219)/ 2 )
=-0.119/5.4545
=-2.18 %

Innovative Eyewear'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 )
=0.028/( (6.219+4.813)/ 2 )
=0.028/5.516
=0.51 %

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


Innovative Eyewear Gross-Profit-to-Asset % Related Terms

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Innovative Eyewear (Innovative Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
11900 Biscayne Boulevard, Suite 630, North Miami, FL, USA, 33138
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.
Executives
Olivia C. Bartlett director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Louis Castro director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Konrad Dabrowski officer: Chief Financial Officer 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Kristen Mclaughlin director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Harrison R. Gross director, officer: Chief Executive Officer 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33131
Frank Rescigna director 8101 BISCAYNE BLVD., SUITE 705, MIAMI FL 33138
Lucyd Ltd. 10 percent owner 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
David Eric Cohen officer: Chief Technology Officer 11900 BISCAYNE BLVD., SUITE 705630, MIAMI FL 33131