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Decibel Cannabis Co (TSXV:DB) Gross-Profit-to-Asset % : 36.16% (As of Sep. 2023)


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What is Decibel Cannabis Co 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. Decibel Cannabis Co's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$50.9 Mil. Decibel Cannabis Co's average Total Assets over the quarter that ended in Sep. 2023 was C$140.8 Mil. Therefore, Decibel Cannabis Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 36.16%.


Decibel Cannabis Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Decibel Cannabis Co'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.

Decibel Cannabis Co Gross-Profit-to-Asset % Chart

Decibel Cannabis Co Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.50 13.29 26.25 19.81

Decibel Cannabis Co Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 34.09 17.33 26.73 24.05 36.16

Competitive Comparison of Decibel Cannabis Co's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co'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.


Decibel Cannabis Co's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Decibel Cannabis Co Gross-Profit-to-Asset % Calculation

Decibel Cannabis Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=26.43/( (125.929+140.88)/ 2 )
=26.43/133.4045
=19.81 %

Decibel Cannabis Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=50.912/( (136.675+144.945)/ 2 )
=50.912/140.81
=36.16 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Decibel Cannabis Co Gross-Profit-to-Asset % Related Terms

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Decibel Cannabis Co (TSXV:DB) Business Description

Traded in Other Exchanges
Address
140 - 4th Avenue SW, Suite 1440, Calgary, AB, CAN, T2P 3N3
Decibel Cannabis Co Inc is engaged in the cannabis operations business. It is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers as well as the direct sale of products through its retail locations to end customers.
Executives
Cody Church Director