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Freee KK (TSE:4478) Gross-Profit-to-Asset % : 55.86% (As of Mar. 2024)


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What is Freee KK 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. Freee KK's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円21,833 Mil. Freee KK's average Total Assets over the quarter that ended in Mar. 2024 was 円39,084 Mil. Therefore, Freee KK's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 55.86%.


Freee KK Gross-Profit-to-Asset % Historical Data

The historical data trend for Freee KK'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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Freee KK Gross-Profit-to-Asset % Chart

Freee KK Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
47.83 42.23 22.29 22.47 35.62

Freee KK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.65 42.13 45.90 50.77 55.86

Competitive Comparison of Freee KK's Gross-Profit-to-Asset %

For the Software - Application subindustry, Freee KK'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.


Freee KK's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Freee KK's Gross-Profit-to-Asset % distribution charts can be found below:

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



Freee KK Gross-Profit-to-Asset % Calculation

Freee KK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=16066.468/( (47413.069+42786.885)/ 2 )
=16066.468/45099.977
=35.62 %

Freee KK'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: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=21832.864/( (38986.981+39180.836)/ 2 )
=21832.864/39083.9085
=55.86 %

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


Freee KK Gross-Profit-to-Asset % Related Terms

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Freee KK (TSE:4478) Business Description

Industry
Traded in Other Exchanges
Address
2-8-1 Nishi-Gotanda, Shinagawa-ku, Gotanda First Building 9th Floor, Tokyo, JPN, 141-0031
Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

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