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Cogeco (TSX:CGO) Gross-Profit-to-Asset % : 31.14% (As of Feb. 2024)


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What is Cogeco 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. Cogeco's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$3,008 Mil. Cogeco's average Total Assets over the quarter that ended in Feb. 2024 was C$9,659 Mil. Therefore, Cogeco's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 31.14%.

Cogeco Gross-Profit-to-Asset % Historical Data

The historical data trend for Cogeco'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.

Cogeco Gross-Profit-to-Asset % Chart

Cogeco Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.80 35.05 35.76 35.23 31.87

Cogeco Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 30.93 31.19 31.06 31.88 31.14

Competitive Comparison of Cogeco's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Cogeco'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.

Cogeco's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco's Gross-Profit-to-Asset % distribution charts can be found below:

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


Cogeco Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=3081.136/( (9468.025+9869.778)/ 2 )
=3081.136/9668.9015
=31.87 %

Cogeco's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=3007.632/( (9607.256+9710.486)/ 2 )
=3007.632/9658.871
=31.14 %

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

Cogeco Gross-Profit-to-Asset % Related Terms

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Cogeco (TSX:CGO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogeco Inc (TSX:CGO) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
TSX:TGO TSXV:USS TSXV:GOK TSXV:ADYA TSXV:VMY.H TSX:CCA SHSE:600941 TMUS VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 AMX B TSE:9433 TSE:9434 SAU:7010
Traded in Other Exchanges
CGECF:USA
Address
1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Website
https://corpo.cogeco.com
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian broadband services, American broadband services and Others. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas. The Canadian broadband services activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American broadband services activities are carried out by Atlantic Broadband in 12 states.