Titan Logix (TSXV:TLA) Gross-Profit-to-Asset % : 18.28% (As of Feb. 2024)

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What is Titan Logix 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. Titan Logix's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$3.29 Mil. Titan Logix's average Total Assets over the quarter that ended in Feb. 2024 was C$18.00 Mil. Therefore, Titan Logix's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 18.28%.

Titan Logix Gross-Profit-to-Asset % Historical Data

The historical data trend for Titan Logix'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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Titan Logix Gross-Profit-to-Asset % Chart

Titan Logix Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross-Profit-to-Asset %

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17.51

12.91

11.15

14.17

17.21

Titan Logix 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															17.91	17.47	14.87	17.27	18.28

Competitive Comparison of Titan Logix's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Titan Logix'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.

Titan Logix's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Logix's Gross-Profit-to-Asset % distribution charts can be found below:

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

Titan Logix Gross-Profit-to-Asset % Calculation

Titan Logix'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 )
	=	3.084	/	( (17.499	+	18.347)	/ 2 )
	=	3.084	/	17.923
	=	17.21 %

Titan Logix'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 )
	=	3.292	/	( (17.79	+	18.219)	/ 2 )
	=	3.292	/	18.0045
	=	18.28 %

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.

Titan Logix Gross-Profit-to-Asset % Related Terms

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Titan Logix (TSXV:TLA) Business Description

Industry

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TPCFF:USA

Address

4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5

Website

https://www.titanlogix.com

Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.

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