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Tenet Fintech Group (XCNQ:PKK) Gross-Profit-to-Asset % : 8.37% (As of Sep. 2023)


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What is Tenet Fintech Group 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. Tenet Fintech Group's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$9.49 Mil. Tenet Fintech Group's average Total Assets over the quarter that ended in Sep. 2023 was C$113.41 Mil. Therefore, Tenet Fintech Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 8.37%.


Tenet Fintech Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Tenet Fintech Group'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.

Tenet Fintech Group Gross-Profit-to-Asset % Chart

Tenet Fintech Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 23.29 15.32 10.75 14.57

Tenet Fintech Group Quarterly Data
Dec18 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 9.51 30.53 6.91 13.07 8.37

Competitive Comparison of Tenet Fintech Group's Gross-Profit-to-Asset %

For the Software - Infrastructure subindustry, Tenet Fintech Group'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.


Tenet Fintech Group's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Tenet Fintech Group's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tenet Fintech Group Gross-Profit-to-Asset % Calculation

Tenet Fintech Group'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 )
=24.518/( (195.293+141.267)/ 2 )
=24.518/168.28
=14.57 %

Tenet Fintech Group'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 )
=9.492/( (128.854+97.962)/ 2 )
=9.492/113.408
=8.37 %

* 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.


Tenet Fintech Group Gross-Profit-to-Asset % Related Terms

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Tenet Fintech Group (XCNQ:PKK) Business Description

Traded in Other Exchanges
Address
119 Spadina Avenue, Suite 705, Toronto, ON, CAN, M5V 2L1
Tenet Fintech Group Inc is the parent company of a group of innovative FinTech and AI companies. Together with its subsidiaries, It provides various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate business-to-business transactions among its members.

Tenet Fintech Group (XCNQ:PKK) Headlines

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