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Bitcoin Well (Bitcoin Well) Gross-Profit-to-Asset % : 40.54% (As of Dec. 2023)


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What is Bitcoin Well 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. Bitcoin Well's annualized Gross Profit for the quarter that ended in Dec. 2023 was $4.26 Mil. Bitcoin Well's average Total Assets over the quarter that ended in Dec. 2023 was $10.50 Mil. Therefore, Bitcoin Well's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 40.54%.


Bitcoin Well Gross-Profit-to-Asset % Historical Data

The historical data trend for Bitcoin Well'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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Bitcoin Well Gross-Profit-to-Asset % Chart

Bitcoin Well Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
72.92 101.81 29.00 22.67 33.56

Bitcoin Well Quarterly Data
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 30.33 32.10 34.90 30.99 40.54

Competitive Comparison of Bitcoin Well's Gross-Profit-to-Asset %

For the Capital Markets subindustry, Bitcoin Well'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.


Bitcoin Well's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Well's Gross-Profit-to-Asset % distribution charts can be found below:

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



Bitcoin Well Gross-Profit-to-Asset % Calculation

Bitcoin Well'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 )
=3.597/( (10.323+11.111)/ 2 )
=3.597/10.717
=33.56 %

Bitcoin Well'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 )
=4.256/( (9.885+11.111)/ 2 )
=4.256/10.498
=40.54 %

* 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.


Bitcoin Well Gross-Profit-to-Asset % Related Terms

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Bitcoin Well (Bitcoin Well) Business Description

Traded in Other Exchanges
Address
10142 82 Avenue NW, Suite 1900, Edmonton, AB, CAN, T6E 1Z4
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services.