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Sofwave Medical (XTAE:SOFW) Gross-Profit-to-Asset % : 96.57% (As of Dec. 2023)


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What is Sofwave Medical 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. Sofwave Medical's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₪153.3 Mil. Sofwave Medical's average Total Assets over the quarter that ended in Dec. 2023 was ₪158.8 Mil. Therefore, Sofwave Medical's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 96.57%.


Sofwave Medical Gross-Profit-to-Asset % Historical Data

The historical data trend for Sofwave Medical'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.

Sofwave Medical Gross-Profit-to-Asset % Chart

Sofwave Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 5.31 47.53 49.51 49.29 83.65

Sofwave Medical Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only 30.20 35.75 66.39 77.09 96.57

Competitive Comparison of Sofwave Medical's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Sofwave Medical'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.


Sofwave Medical's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sofwave Medical's Gross-Profit-to-Asset % distribution charts can be found below:

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



Sofwave Medical Gross-Profit-to-Asset % Calculation

Sofwave Medical'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 )
=139.7/( (171.74+162.269)/ 2 )
=139.7/167.0045
=83.65 %

Sofwave Medical'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 )
=153.346/( (155.302+162.269)/ 2 )
=153.346/158.7855
=96.57 %

* 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.


Sofwave Medical Gross-Profit-to-Asset % Related Terms

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Sofwave Medical (XTAE:SOFW) Business Description

Traded in Other Exchanges
N/A
Address
Oak Medtech, Tavor, Alon Medtech Venture, Yokneam Illit, ISR, 2069200
Sofwave Medical Ltd is engaged in the development, marketing, and production of non-invasive technology for skin rejuvenation and firming treatment.

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