Gabelli Utility Trust (Gabelli Utility Trust) Gross-Profit-to-Asset %

: -2.16% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Gabelli Utility Trust's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-6.58 Mil. Gabelli Utility Trust's average Total Assets over the quarter that ended in Dec. 2023 was $303.88 Mil. Therefore, Gabelli Utility Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -2.16%.

Gabelli Utility Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Gabelli Utility Trust'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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Gabelli Utility Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

16.03

-3.78

12.44

-4.87

-3.17

Gabelli Utility Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %									12.29	-9.64	0.18	-4.10	-2.16

Competitive Comparison

For the Asset Management subindustry, Gabelli Utility Trust'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.

Gabelli Utility Trust Gross-Profit-to-Asset % Distribution

For the Asset Management industry and Financial Services sector, Gabelli Utility Trust's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Gabelli Utility Trust's Gross-Profit-to-Asset % falls into.

Gabelli Utility Trust Gross-Profit-to-Asset % Calculation

Gabelli Utility Trust'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 )
	=	-10.053	/	( (343.775	+	291.361)	/ 2 )
	=	-10.053	/	317.568
	=	-3.17 %

Gabelli Utility Trust'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 )
	=	-6.576	/	( (316.392	+	291.361)	/ 2 )
	=	-6.576	/	303.8765
	=	-2.16 %

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.

Gabelli Utility Trust Gross-Profit-to-Asset % Related Terms

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Gabelli Utility Trust (Gabelli Utility Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Utility Trust (NYSE:GUTpC.PFD) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

GUT:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.