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MEQYF (Mainstreet Equity) Gross-Profit-to-Asset % : 4.77% (As of Dec. 2024)


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What is Mainstreet Equity 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. Mainstreet Equity's annualized Gross Profit for the quarter that ended in Dec. 2024 was $122.3 Mil. Mainstreet Equity's average Total Assets over the quarter that ended in Dec. 2024 was $2,564.5 Mil. Therefore, Mainstreet Equity's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 4.77%.


Mainstreet Equity Gross-Profit-to-Asset % Historical Data

The historical data trend for Mainstreet Equity'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.

Mainstreet Equity Gross-Profit-to-Asset % Chart

Mainstreet Equity Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 4.06 3.84 4.31 4.82

Mainstreet Equity Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only 4.56 4.38 4.70 5.32 4.77

Competitive Comparison of Mainstreet Equity's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, Mainstreet Equity'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.


Mainstreet Equity's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

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

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



Mainstreet Equity Gross-Profit-to-Asset % Calculation

Mainstreet Equity's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=118.44/( (2339.067+2577.464)/ 2 )
=118.44/2458.2655
=4.82 %

Mainstreet Equity's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=122.34/( (2577.464+2551.499)/ 2 )
=122.34/2564.4815
=4.77 %

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


Mainstreet Equity Gross-Profit-to-Asset % Related Terms

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Mainstreet Equity Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. Maximum revenue from Alberta. The company generates revenue from rental income and others.