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Spectra Products (Spectra Products) Gross-Profit-to-Asset % : 39.28% (As of Sep. 2023)


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What is Spectra Products 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. Spectra Products's annualized Gross Profit for the quarter that ended in Sep. 2023 was $0.68 Mil. Spectra Products's average Total Assets over the quarter that ended in Sep. 2023 was $1.74 Mil. Therefore, Spectra Products's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 39.28%.


Spectra Products Gross-Profit-to-Asset % Historical Data

The historical data trend for Spectra Products'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.

Spectra Products Gross-Profit-to-Asset % Chart

Spectra Products Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.70 105.90 54.98 47.54 36.34

Spectra Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only 47.77 41.79 44.63 53.65 39.28

Competitive Comparison of Spectra Products's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's Gross-Profit-to-Asset % distribution charts can be found below:

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



Spectra Products Gross-Profit-to-Asset % Calculation

Spectra Products's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.612/( (1.613+1.755)/ 2 )
=0.612/1.684
=36.34 %

Spectra Products's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.684/( (1.773+1.71)/ 2 )
=0.684/1.7415
=39.28 %

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


Spectra Products Gross-Profit-to-Asset % Related Terms

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Spectra Products (Spectra Products) Business Description

Traded in Other Exchanges
Address
41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.

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