Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Envela's annualizedGross Profit for the quarter that ended in Dec. 2023 was $39.0 Mil.
Envela's average Total Assets over the quarter that ended in Dec. 2023 was $73.8 Mil. Therefore, Envela's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 52.82%.
Envela Gross-Profit-to-Asset % Historical Data
The historical data trend for Envela'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.
Competitive Comparison of Envela's Gross-Profit-to-Asset %
For the Luxury Goods subindustry, Envela'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.
Envela's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Envela's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Envela's Gross-Profit-to-Asset % falls into.
Envela Gross-Profit-to-Asset % Calculation
Envela's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Envela Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Envela's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Envela Corp and its subsidiaries engage in diverse business activities within the recommerce sector. These include recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. It operates through two re-commerce business segments represented by its two direct subsidiaries. DGSE, LLC primarily buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver and other precious metals, and ECHG, LLC focuses on the recommercialization of business IT equipment and consumer electronic devices.
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