Viemed Healthcare (TSX:VMD) Gross-Profit-to-Asset % : 77.31% (As of Mar. 2024)

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What is Viemed Healthcare 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. Viemed Healthcare's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$161.4 Mil. Viemed Healthcare's average Total Assets over the quarter that ended in Mar. 2024 was C$208.7 Mil. Therefore, Viemed Healthcare's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 77.31%.

Viemed Healthcare Gross-Profit-to-Asset % Historical Data

The historical data trend for Viemed Healthcare'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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Viemed Healthcare Gross-Profit-to-Asset % Chart

Viemed Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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81.56

81.13

63.67

74.22

82.50

Viemed Healthcare 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															79.74	75.27	82.65	84.07	77.31

Competitive Comparison of Viemed Healthcare's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Viemed Healthcare'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.

Viemed Healthcare's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Viemed Healthcare's Gross-Profit-to-Asset % distribution charts can be found below:

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

Viemed Healthcare Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	151.31	/	( (159.003	+	207.807)	/ 2 )
	=	151.31	/	183.405
	=	82.50 %

Viemed Healthcare'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 )
	=	161.36	/	( (207.807	+	209.639)	/ 2 )
	=	161.36	/	208.723
	=	77.31 %

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.

Viemed Healthcare Gross-Profit-to-Asset % Related Terms

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Viemed Healthcare (TSX:VMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Viemed Healthcare Inc (TSX:VMD) » Definitions » Gross-Profit-to-Asset %

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VMD:USA VIJ:Germany

Address

625 E. Kaliste Saloom Road, Lafayette, LA, USA, 70508

Website

https://www.viemed.com

Viemed Healthcare Inc is a provider of equipment and home therapy to patients with respiratory disease, oxygen problems, sleep apnea and PAP treatment. The company also provides services such as respiratory disease management, neuromuscular care, in-home sleep testing and sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services.