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Matrix IT (XTAE:MTRX) Gross-Profit-to-Asset % : 20.31% (As of Dec. 2023)


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What is Matrix IT 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. Matrix IT's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₪814 Mil. Matrix IT's average Total Assets over the quarter that ended in Dec. 2023 was ₪4,007 Mil. Therefore, Matrix IT's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 20.31%.


Matrix IT Gross-Profit-to-Asset % Historical Data

The historical data trend for Matrix IT'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.

Matrix IT Gross-Profit-to-Asset % Chart

Matrix IT 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 19.50 18.23 18.95 18.06 18.90

Matrix IT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 18.98 18.76 18.57 19.04 20.31

Competitive Comparison of Matrix IT's Gross-Profit-to-Asset %

For the Software - Application subindustry, Matrix IT'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.


Matrix IT's Gross-Profit-to-Asset % Distribution in the Software Industry

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

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



Matrix IT Gross-Profit-to-Asset % Calculation

Matrix IT'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 )
=764.18/( (4002.776+4084.18)/ 2 )
=764.18/4043.478
=18.90 %

Matrix IT'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=813.664/( (3928.894+4084.18)/ 2 )
=813.664/4006.537
=20.31 %

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


Matrix IT Gross-Profit-to-Asset % Related Terms

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Matrix IT (XTAE:MTRX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.

Matrix IT (XTAE:MTRX) Headlines

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