GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CordovaCann Corp (XCNQ:CDVA) » Definitions » Gross-Profit-to-Asset %

CordovaCann (XCNQ:CDVA) Gross-Profit-to-Asset % : 28.59% (As of Jun. 2023)


View and export this data going back to 2018. Start your Free Trial

What is CordovaCann 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. CordovaCann's annualized Gross Profit for the quarter that ended in Jun. 2023 was C$3.86 Mil. CordovaCann's average Total Assets over the quarter that ended in Jun. 2023 was C$13.51 Mil. Therefore, CordovaCann's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 28.59%.


CordovaCann Gross-Profit-to-Asset % Historical Data

The historical data trend for CordovaCann'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.

CordovaCann Gross-Profit-to-Asset % Chart

CordovaCann Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 0.62 21.85 21.91 28.59

CordovaCann Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 -0.65 0.62 21.85 21.91 28.59

Competitive Comparison of CordovaCann's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, CordovaCann'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.


CordovaCann's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

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

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



CordovaCann Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=3.862/( (16.751+10.264)/ 2 )
=3.862/13.5075
=28.59 %

CordovaCann's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=3.862/( (16.751+10.264)/ 2 )
=3.862/13.5075
=28.59 %

* 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 one times the annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


CordovaCann Gross-Profit-to-Asset % Related Terms

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


CordovaCann (XCNQ:CDVA) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V0R2
CordovaCann Corp is a Canadian-domiciled company focused on building a diversified cannabis company. The company provides services and investment capital to the processing and production of vertical markets of the cannabis industry.
Executives
Benjamin Thomas Higham Director

CordovaCann (XCNQ:CDVA) Headlines

No Headlines