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Optima Medical Innovations (Optima Medical Innovations) Gross-Profit-to-Asset % : 17.80% (As of Sep. 2021)


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What is Optima Medical Innovations 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. Optima Medical Innovations's annualized Gross Profit for the quarter that ended in Sep. 2021 was $1.20 Mil. Optima Medical Innovations's average Total Assets over the quarter that ended in Sep. 2021 was $6.76 Mil. Therefore, Optima Medical Innovations's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2021 was 17.80%.


Optima Medical Innovations Gross-Profit-to-Asset % Historical Data

The historical data trend for Optima Medical Innovations'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.

* Premium members only.

Optima Medical Innovations Gross-Profit-to-Asset % Chart

Optima Medical Innovations Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.94 0.62 31.98 15.64

Optima Medical Innovations Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.70 -15.24 17.28 15.83 17.80

Competitive Comparison of Optima Medical Innovations's Gross-Profit-to-Asset %

For the Medical Care Facilities subindustry, Optima Medical Innovations'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.


Optima Medical Innovations's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Optima Medical Innovations's Gross-Profit-to-Asset % falls into.



Optima Medical Innovations Gross-Profit-to-Asset % Calculation

Optima Medical Innovations's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1.381/( (10.432+7.224)/ 2 )
=1.381/8.828
=15.64 %

Optima Medical Innovations's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=1.204/( (7.015+6.511)/ 2 )
=1.204/6.763
=17.80 %

* 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.

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 (Sep. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Optima Medical Innovations Gross-Profit-to-Asset % Related Terms

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Optima Medical Innovations (Optima Medical Innovations) Business Description

Traded in Other Exchanges
N/A
Address
5460 Yonge Street, Unit 209, Toronto, ON, CAN, M2N 6K7
Optima Medical Innovations Corp delivers pathways to innovative, science-based health and wellness solutions. It focuses on multi-disciplinary pain management. The group is also engaged in the development of solutions, products and treatments for pain relief, wellness and Cancer therapy.