Quality Industrial (Quality Industrial) Gross-Profit-to-Asset % : 15.68% (As of Jun. 2023)

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What is Quality Industrial 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. Quality Industrial's annualized Gross Profit for the quarter that ended in Jun. 2023 was $31.76 Mil. Quality Industrial's average Total Assets over the quarter that ended in Jun. 2023 was $202.61 Mil. Therefore, Quality Industrial's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 15.68%.

Quality Industrial Gross-Profit-to-Asset % Historical Data

The historical data trend for Quality Industrial'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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Quality Industrial Gross-Profit-to-Asset % Chart

Quality Industrial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

33.33

21.57

Quality Industrial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial										110,317.95	138.18	32.25	10.89	15.68

Competitive Comparison of Quality Industrial's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Quality Industrial'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.

Quality Industrial's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quality Industrial's Gross-Profit-to-Asset % distribution charts can be found below:

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

Quality Industrial Gross-Profit-to-Asset % Calculation

Quality Industrial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	21.672	/	( (0.226	+	200.692)	/ 2 )
	=	21.672	/	100.459
	=	21.57 %

Quality Industrial's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	31.76	/	( (200.015	+	205.203)	/ 2 )
	=	31.76	/	202.609
	=	15.68 %

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 (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Quality Industrial Gross-Profit-to-Asset % Related Terms

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Quality Industrial (Quality Industrial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality Industrial Corp (OTCPK:QIND) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

315 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.qualityindustrialcorp.com

Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.

Executives

Terje Aarbogh	10 percent owner	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
John-paul Backwell	officer: Chief Executive Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Louise Bennett	officer: Chief Operations Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Nicolas Link	director, 10 percent owner	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Krishnan Krishnamoorthy	officer: Chief Financial Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Paul Quintal	director	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Rasmus Refer	10 percent owner	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Carsten Falk	officer: CEO	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104