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Quipt Home Medical (TSX:QIPT) Gross-Profit-to-Asset % : 73.01% (As of Dec. 2024)


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What is Quipt Home Medical 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. Quipt Home Medical's annualized Gross Profit for the quarter that ended in Dec. 2024 was C$248.5 Mil. Quipt Home Medical's average Total Assets over the quarter that ended in Dec. 2024 was C$340.4 Mil. Therefore, Quipt Home Medical's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 73.01%.


Quipt Home Medical Gross-Profit-to-Asset % Historical Data

The historical data trend for Quipt Home Medical'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.

Quipt Home Medical Gross-Profit-to-Asset % Chart

Quipt Home Medical Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.66 80.71 90.63 81.42 71.60

Quipt Home Medical 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 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 72.43 77.15 76.35 55.95 73.01

Competitive Comparison of Quipt Home Medical's Gross-Profit-to-Asset %

For the Medical Distribution subindustry, Quipt Home Medical'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.


Quipt Home Medical's Gross-Profit-to-Asset % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Quipt Home Medical's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Quipt Home Medical Gross-Profit-to-Asset % Calculation

Quipt Home Medical's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=239.751/( (334.768+334.922)/ 2 )
=239.751/334.845
=71.60 %

Quipt Home Medical'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 )
=248.548/( (334.922+345.94)/ 2 )
=248.548/340.431
=73.01 %

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


Quipt Home Medical Gross-Profit-to-Asset % Related Terms

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Quipt Home Medical Business Description

Traded in Other Exchanges
Address
1019 Town Drive, Wilder, KY, USA, 41076
Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The Company operates in one business segment, which is the sale and rental of medical equipment and related devices. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.
Executives
Patrick Dennis Gamble Senior Officer
Gregory J. Crawford Director, Senior Officer
Mark Alan Greenberg Director