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XR Immersive Tech (XCNQ:VRAI) Gross-Profit-to-Asset % : 30.56% (As of Sep. 2023)


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What is XR Immersive Tech 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. XR Immersive Tech's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$0.74 Mil. XR Immersive Tech's average Total Assets over the quarter that ended in Sep. 2023 was C$2.43 Mil. Therefore, XR Immersive Tech's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 30.56%.


XR Immersive Tech Gross-Profit-to-Asset % Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech Gross-Profit-to-Asset % Chart

XR Immersive Tech Annual Data
Trend Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
65.44 0.56 25.54

XR Immersive Tech Quarterly Data
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 22.25 14.90 29.62 23.65 30.56

Competitive Comparison of XR Immersive Tech's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, XR Immersive Tech'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.


XR Immersive Tech's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XR Immersive Tech's Gross-Profit-to-Asset % distribution charts can be found below:

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



XR Immersive Tech Gross-Profit-to-Asset % Calculation

XR Immersive Tech'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 )
=0.782/( (3.419+2.705)/ 2 )
=0.782/3.062
=25.54 %

XR Immersive Tech'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 )
=0.744/( (2.457+2.412)/ 2 )
=0.744/2.4345
=30.56 %

* 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.


XR Immersive Tech Gross-Profit-to-Asset % Related Terms

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XR Immersive Tech (XCNQ:VRAI) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines