BEST Venture Opportunities Fund (XCNQ:BVOF.B) Gross-Profit-to-Asset % : 1.52% (As of Aug. 2024)

View and export this data going back to 2022. Start your Free Trial

What is BEST Venture Opportunities Fund 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. BEST Venture Opportunities Fund's annualized Gross Profit for the quarter that ended in Aug. 2024 was C$0.21 Mil. BEST Venture Opportunities Fund's average Total Assets over the quarter that ended in Aug. 2024 was C$14.10 Mil. Therefore, BEST Venture Opportunities Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Aug. 2024 was 1.52%.

BEST Venture Opportunities Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for BEST Venture Opportunities Fund'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.

BEST Venture Opportunities Fund Gross-Profit-to-Asset % Chart

BEST Venture Opportunities Fund Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

Gross-Profit-to-Asset %

7.11

-11.41

10.03

-6.87

BEST Venture Opportunities Fund Semi-Annual Data
	Aug21	Aug22	Feb23	Aug23	Feb24	Aug24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			-	10.15	9.92	-14.54	1.52

Competitive Comparison of BEST Venture Opportunities Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, BEST Venture Opportunities Fund'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.

BEST Venture Opportunities Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BEST Venture Opportunities Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where BEST Venture Opportunities Fund's Gross-Profit-to-Asset % falls into.

Save Embed

;

Save Embed

;

BEST Venture Opportunities Fund Gross-Profit-to-Asset % Calculation

BEST Venture Opportunities Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Aug. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Aug. 2024 )	/	( (Total Assets (A: Aug. 2023 )	+	Total Assets (A: Aug. 2024 ))	/ count )
	=	-0.969	/	( (14.792	+	13.398)	/ 2 )
	=	-0.969	/	14.095
	=	-6.87 %

BEST Venture Opportunities Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Aug. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Aug. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	0.214	/	( (14.802	+	13.398)	/ 2 )
	=	0.214	/	14.1
	=	1.52 %

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 two times the semi-annual (Aug. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

BEST Venture Opportunities Fund Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of BEST Venture Opportunities Fund's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

BEST Venture Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BEST Venture Opportunities Fund Inc (XCNQ:BVOF.B) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

http://www.bestfunds.ca

BEST Venture Opportunities Fund Inc is registered as a Labour Sponsored Investment Fund Corporation. The Fund seeks to achieve long-term capital appreciation by investing its assets in accordance with the requirements of the Community Small Business Investment Funds Act (Ontario) and the Income Tax Act (Canada). It diversifies its portfolio by investing in a variety of industries and stages of development including mature, expansion, acquisition, start-up and turnaround stages.

BEST Venture Opportunities Fund Headlines

No Headlines