GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Covivio Hotels (XPAR:COVH) » Definitions » Gross-Profit-to-Asset %

Covivio Hotels (XPAR:COVH) Gross-Profit-to-Asset % : 5.12% (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Covivio Hotels 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. Covivio Hotels's annualized Gross Profit for the quarter that ended in Dec. 2023 was €353.2 Mil. Covivio Hotels's average Total Assets over the quarter that ended in Dec. 2023 was €6,901.5 Mil. Therefore, Covivio Hotels's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.12%.


Covivio Hotels Gross-Profit-to-Asset % Historical Data

The historical data trend for Covivio Hotels'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.

Covivio Hotels Gross-Profit-to-Asset % Chart

Covivio Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 2.28 2.89 4.25 4.83

Covivio Hotels Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.69 3.69 4.75 4.42 5.12

Competitive Comparison of Covivio Hotels's Gross-Profit-to-Asset %

For the REIT - Hotel & Motel subindustry, Covivio Hotels'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.


Covivio Hotels's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Covivio Hotels's Gross-Profit-to-Asset % distribution charts can be found below:

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



Covivio Hotels Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=332.552/( (7033.995+6723.705)/ 2 )
=332.552/6878.85
=4.83 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=353.232/( (7079.329+6723.705)/ 2 )
=353.232/6901.517
=5.12 %

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


Covivio Hotels Gross-Profit-to-Asset % Related Terms

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


Covivio Hotels (XPAR:COVH) Business Description

Industry
Traded in Other Exchanges
Address
10 avenue Kleber, Paris, FRA, 75208
Covivio Hotels is engaged in the real estate sector. The company functions as a real estate investment trust, with special emphasis in the holding and management of real estate assets particularly in the hotel sector. Its investment portfolio includes hotels, massage therapy institutes, clinics, garden centers and leisure villages located in Europe.

Covivio Hotels (XPAR:COVH) Headlines

No Headlines