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Top 10 Split Trust (TSX:TXT.UN) Gross-Profit-to-Asset % : 6.50% (As of Dec. 2023)


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What is Top 10 Split Trust 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. Top 10 Split Trust's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.53 Mil. Top 10 Split Trust's average Total Assets over the quarter that ended in Dec. 2023 was C$8.15 Mil. Therefore, Top 10 Split Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.50%.


Top 10 Split Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Top 10 Split 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.

* Premium members only.

Top 10 Split Trust Gross-Profit-to-Asset % Chart

Top 10 Split Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 3.36 -6.78 21.10 9.07 8.19

Top 10 Split Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only 18.87 12.56 6.07 10.12 6.50

Competitive Comparison of Top 10 Split Trust's Gross-Profit-to-Asset %

For the Asset Management subindustry, Top 10 Split 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.


Top 10 Split Trust's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Top 10 Split Trust's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Top 10 Split Trust's Gross-Profit-to-Asset % falls into.



Top 10 Split Trust Gross-Profit-to-Asset % Calculation

Top 10 Split 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 )
=0.673/( (8.131+8.304)/ 2 )
=0.673/8.2175
=8.19 %

Top 10 Split 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 )
=0.53/( (7.993+8.304)/ 2 )
=0.53/8.1485
=6.50 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Top 10 Split Trust Gross-Profit-to-Asset % Related Terms

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Top 10 Split Trust (TSX:TXT.UN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.

Top 10 Split Trust (TSX:TXT.UN) Headlines

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