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Wavefront Technology Solutions (TSXV:WEE.H) Gross-Profit-to-Asset % : 62.67% (As of May. 2022)


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What is Wavefront Technology Solutions 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. Wavefront Technology Solutions's annualized Gross Profit for the quarter that ended in May. 2022 was C$1.51 Mil. Wavefront Technology Solutions's average Total Assets over the quarter that ended in May. 2022 was C$2.41 Mil. Therefore, Wavefront Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2022 was 62.67%.


Wavefront Technology Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Gross-Profit-to-Asset % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.19 53.56 71.35 71.15 52.88

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 49.51 60.71 62.21 73.50 62.67

Competitive Comparison of Wavefront Technology Solutions's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

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



Wavefront Technology Solutions Gross-Profit-to-Asset % Calculation

Wavefront Technology Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Aug. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2021 )/( (Total Assets (A: Aug. 2020 )+Total Assets (A: Aug. 2021 ))/ count )
=1.531/( (3.371+2.42)/ 2 )
=1.531/2.8955
=52.88 %

Wavefront Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=1.512/( (2.652+2.173)/ 2 )
=1.512/2.4125
=62.67 %

* 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 (May. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Wavefront Technology Solutions Gross-Profit-to-Asset % Related Terms

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Wavefront Technology Solutions (TSXV:WEE.H) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

Wavefront Technology Solutions (TSXV:WEE.H) Headlines

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