XTI Aerospace (XTI Aerospace) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)

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What is XTI Aerospace 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. XTI Aerospace's annualized Gross Profit for the quarter that ended in Dec. 2023 was $0.00 Mil. XTI Aerospace's average Total Assets over the quarter that ended in Dec. 2023 was $40.70 Mil. Therefore, XTI Aerospace's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.

XTI Aerospace Gross-Profit-to-Asset % Historical Data

The historical data trend for XTI Aerospace'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.

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XTI Aerospace Gross-Profit-to-Asset % Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

12.75

7.63

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Gross-Profit-to-Asset %	-	-	-

Competitive Comparison of XTI Aerospace's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, XTI Aerospace'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.

XTI Aerospace's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, XTI Aerospace's Gross-Profit-to-Asset % distribution charts can be found below:

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

XTI Aerospace Gross-Profit-to-Asset % Calculation

XTI Aerospace'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 )
	=	3.104	/	( (57.635	+	23.769)	/ 2 )
	=	3.104	/	40.702
	=	7.63 %

XTI Aerospace'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: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0	/	( (57.635	+	23.769)	/ 2 )
	=	0	/	40.702
	=	0.00 %

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

XTI Aerospace Gross-Profit-to-Asset % Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024