NWTG (Newton Golf Co) Gross-Profit-to-Asset % : 47.16% (As of Dec. 2024)

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What is Newton Golf 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. Newton Golf Co's annualized Gross Profit for the quarter that ended in Dec. 2024 was $3.10 Mil. Newton Golf Co's average Total Assets over the quarter that ended in Dec. 2024 was $6.57 Mil. Therefore, Newton Golf Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 47.16%.

Newton Golf Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Newton Golf 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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Newton Golf Co Gross-Profit-to-Asset % Chart

Newton Golf Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Gross-Profit-to-Asset %

70.15

36.21

16.44

3.43

28.14

Newton Golf Co Quarterly Data
	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												1.34	14.11	41.11	84.85	47.16

Competitive Comparison of Newton Golf Co's Gross-Profit-to-Asset %

For the Leisure subindustry, Newton Golf 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.

Newton Golf Co's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Newton Golf Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Newton Golf Co's Gross-Profit-to-Asset % falls into.

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Newton Golf Co Gross-Profit-to-Asset % Calculation

Newton Golf Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Dec. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	2.274	/	( (6.394	+	9.766)	/ 2 )
	=	2.274	/	8.08
	=	28.14 %

Newton Golf Co'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 )
	=	3.096	/	( (3.364	+	9.766)	/ 2 )
	=	3.096	/	6.565
	=	47.16 %

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

Newton Golf Co Gross-Profit-to-Asset % Related Terms

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Newton Golf Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Newton Golf Co (NAS:NWTG) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Calle San Pablo, Camarillo, CA, USA, 93012

Website

https://www.newtongolfco.com

Newton Golf Co is a technology-forward golf company dedicated to revolutionizing the sport with cutting-edge, high-performance products. The company's expanding portfolio includes golf shafts, putters, grips, and other golf-related accessories designed for golfers of all skill levels. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.

Executives

Brett Widney Hoge	director	121 GRASSLANDS CT, ADVANCE NC 27006
Gregor Alasdair Campbell	director	5460 LIVERPOOL CT, OAK PARK CA 91377
Steve Handy	officer: Chief Financial Officer	8228 SUNSET BLVD., LOS ANGELES CA 90046
Timothy Triplett	director, officer: Chief Executive Officer
Michael Robert Ferris	officer: See remarks	2 CAPTAIN ROAD, WILBRAHAM MA 01095
Akinobu Yorihiro	director, officer: Chief Technology Officer	155 GILES ROAD, LAKE SHERWOOD CA 91361
Dorothy Lynn Pepper	director	P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866
Angelo Gregory Papadourakis	officer: EVP Sales & Distribution	8468 CHICORY COURT, DARIEN IL 60561
Nippon Xport Ventures, Inc.	10 percent owner	155 GILES ROAD,, LAKE SHERWOOD CA 91361