New Zealand Rural Land Co (NZSE:NZL) Gross-Profit-to-Asset % : 4.50% (As of Dec. 2023)

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What is New Zealand Rural Land Co 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. New Zealand Rural Land Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was NZ$17.12 Mil. New Zealand Rural Land Co's average Total Assets over the quarter that ended in Dec. 2023 was NZ$380.44 Mil. Therefore, New Zealand Rural Land Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.50%.

New Zealand Rural Land Co Gross-Profit-to-Asset % Historical Data

The historical data trend for New Zealand Rural Land Co'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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New Zealand Rural Land Co Gross-Profit-to-Asset % Chart

New Zealand Rural Land Co Annual Data

Trend

Jun22

Dec23

Gross-Profit-to-Asset %

2.62

4.29

New Zealand Rural Land Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	3.40	3.43	3.49	4.01	4.50

Competitive Comparison of New Zealand Rural Land Co's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, New Zealand Rural Land Co'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.

New Zealand Rural Land Co's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Zealand Rural Land Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where New Zealand Rural Land Co's Gross-Profit-to-Asset % falls into.

New Zealand Rural Land Co Gross-Profit-to-Asset % Calculation

New Zealand Rural Land Co'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: Jun. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	15.41	/	( (320.451	+	398.224)	/ 2 )
	=	15.41	/	359.3375
	=	4.29 %

New Zealand Rural Land Co'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 )
	=	17.118	/	( (362.647	+	398.224)	/ 2 )
	=	17.118	/	380.4355
	=	4.50 %

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.

New Zealand Rural Land Co Gross-Profit-to-Asset % Related Terms

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New Zealand Rural Land Co (NZSE:NZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Zealand Rural Land Co Ltd (NZSE:NZL) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

8UK:Germany

Address

c/o Duncan Cotterill, Level 2, Chartered Accountants, 50 Customhouse Quay, Wellington, NZL, 6011

Website

https://www.nzrlc.co.nz

New Zealand Rural Land Co Ltd operates as a real estate company that offers investors exposure to rural land as an asset class without direct involvement in agricultural operations. Its principal activity is an investment in New Zealand's rural farmland. The company seeks an opportunity to focus on dairyland, due to a combination of recent legislative and bank lending changes.

New Zealand Rural Land Co (NZSE:NZL) Headlines

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