Third Age Health Services (NZSE:TAH) Gross-Profit-to-Asset % : 98.16% (As of Mar. 2024)

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What is Third Age Health Services 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. Third Age Health Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was NZ$9.40 Mil. Third Age Health Services's average Total Assets over the quarter that ended in Mar. 2024 was NZ$9.58 Mil. Therefore, Third Age Health Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 98.16%.

Third Age Health Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Third Age Health Services'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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Third Age Health Services Gross-Profit-to-Asset % Chart

Third Age Health Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

93.03

87.66

81.09

84.81

Third Age Health Services Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			88.04	94.44	90.85	76.57	98.16

Competitive Comparison of Third Age Health Services's Gross-Profit-to-Asset %

For the Medical Care Facilities subindustry, Third Age Health Services'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.

Third Age Health Services's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Gross-Profit-to-Asset % falls into.

Third Age Health Services Gross-Profit-to-Asset % Calculation

Third Age Health Services's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	8.416	/	( (10.044	+	9.803)	/ 2 )
	=	8.416	/	9.9235
	=	84.81 %

Third Age Health Services'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: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	9.404	/	( (9.358	+	9.803)	/ 2 )
	=	9.404	/	9.5805
	=	98.16 %

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

Third Age Health Services Gross-Profit-to-Asset % Related Terms

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Third Age Health Services (NZSE:TAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Third Age Health Services Ltd (NZSE:TAH) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

536 Kennedy Road, Greenmeadows, Napier, NZL, 4112

Website

https://www.thirdagehealth.co.nz

Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.