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Growthpoint Properties Australia (ASX:GOZ) Gross-Profit-to-Asset % : 5.24% (As of Dec. 2023)


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What is Growthpoint Properties Australia 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. Growthpoint Properties Australia's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$267.6 Mil. Growthpoint Properties Australia's average Total Assets over the quarter that ended in Dec. 2023 was A$5,106.4 Mil. Therefore, Growthpoint Properties Australia's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.24%.


Growthpoint Properties Australia Gross-Profit-to-Asset % Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia Gross-Profit-to-Asset % Chart

Growthpoint Properties Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 5.58 5.24 4.99 5.24

Growthpoint Properties Australia Semi-Annual Data
Jun14 Dec14 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 Premium Member Only Premium Member Only 4.98 4.85 5.44 4.85 5.24

Competitive Comparison of Growthpoint Properties Australia's Gross-Profit-to-Asset %

For the REIT - Diversified subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Growthpoint Properties Australia's Gross-Profit-to-Asset % distribution charts can be found below:

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



Growthpoint Properties Australia Gross-Profit-to-Asset % Calculation

Growthpoint Properties Australia's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=280.6/( (5499.8+5210.8)/ 2 )
=280.6/5355.3
=5.24 %

Growthpoint Properties Australia'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 )
=267.6/( (5210.8+5001.9)/ 2 )
=267.6/5106.35
=5.24 %

* 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.


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Growthpoint Properties Australia (ASX:GOZ) Business Description

Traded in Other Exchanges
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (ASX:GOZ) Headlines

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