FTC Solar (STU:6YK0) Gross-Profit-to-Asset % : -17.40% (As of Dec. 2024)

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What is FTC Solar 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. FTC Solar's annualized Gross Profit for the quarter that ended in Dec. 2024 was €-14.66 Mil. FTC Solar's average Total Assets over the quarter that ended in Dec. 2024 was €84.25 Mil. Therefore, FTC Solar's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was -17.40%.

FTC Solar Gross-Profit-to-Asset % Historical Data

The historical data trend for FTC Solar'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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FTC Solar Gross-Profit-to-Asset % Chart

FTC Solar Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross-Profit-to-Asset %

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6.71

-21.04

-15.03

6.36

-12.10

FTC Solar 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															2.11	-7.09	-8.75	-17.65	-17.40

Competitive Comparison of FTC Solar's Gross-Profit-to-Asset %

For the Solar subindustry, FTC Solar'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.

FTC Solar's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Gross-Profit-to-Asset % distribution charts can be found below:

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

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FTC Solar Gross-Profit-to-Asset % Calculation

FTC Solar'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 )
	=	-12.027	/	( (112.855	+	85.881)	/ 2 )
	=	-12.027	/	99.368
	=	-12.10 %

FTC Solar'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 )
	=	-14.656	/	( (82.615	+	85.881)	/ 2 )
	=	-14.656	/	84.248
	=	-17.40 %

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.

FTC Solar Gross-Profit-to-Asset % Related Terms

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FTC Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » FTC Solar Inc (STU:6YK0) » Definitions » Gross-Profit-to-Asset %

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FTCI:USA 6YK0:Germany

Address

9020 North Capital of Texas Highway, Suite I-260, Austin, TX, USA, 78759

Website

https://www.ftcsolar.com

FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.

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