Roots (TSX:ROOT) Gross-Profit-to-Asset % : 68.44% (As of Jan. 2024)

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What is Roots 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. Roots's annualized Gross Profit for the quarter that ended in Jan. 2024 was C$253.7 Mil. Roots's average Total Assets over the quarter that ended in Jan. 2024 was C$370.6 Mil. Therefore, Roots's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 68.44%.

Roots Gross-Profit-to-Asset % Historical Data

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

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Gross-Profit-to-Asset %

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42.87

33.63

41.54

39.96

40.03

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															64.29	25.88	30.18	40.45	68.44

Competitive Comparison of Roots's Gross-Profit-to-Asset %

For the Apparel Retail subindustry, Roots'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.

Roots's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Roots's Gross-Profit-to-Asset % distribution charts can be found below:

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

Roots Gross-Profit-to-Asset % Calculation

Roots's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jan. 2024 )	/	( (Total Assets (A: Jan. 2023 )	+	Total Assets (A: Jan. 2024 ))	/ count )
	=	152.456	/	( (391.892	+	369.862)	/ 2 )
	=	152.456	/	380.877
	=	40.03 %

Roots's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	253.664	/	( (371.434	+	369.862)	/ 2 )
	=	253.664	/	370.648
	=	68.44 %

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 (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Roots Gross-Profit-to-Asset % Related Terms

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Roots (TSX:ROOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.

Executives

Edward Hume Kernaghan

10% Security Holder