Nido Education (ASX:NDO) Gross-Profit-to-Asset % : 48.94% (As of Dec. 2023)

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What is Nido Education 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. Nido Education's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$103.99 Mil. Nido Education's average Total Assets over the quarter that ended in Dec. 2023 was A$212.46 Mil. Therefore, Nido Education's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 48.94%.

Nido Education Gross-Profit-to-Asset % Historical Data

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

Nido Education Annual Data

Trend

Dec22

Dec23

Gross-Profit-to-Asset %

18.76

27.39

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	-	33.82	48.94

Competitive Comparison of Nido Education's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, Nido Education'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.

Nido Education's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Nido Education's Gross-Profit-to-Asset % distribution charts can be found below:

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

Nido Education Gross-Profit-to-Asset % Calculation

Nido Education'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 )
	=	86.658	/	( (308.9	+	323.883)	/ 2 )
	=	86.658	/	316.3915
	=	27.39 %

Nido Education'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 )
	=	103.986	/	( (101.04	+	323.883)	/ 2 )
	=	103.986	/	212.4615
	=	48.94 %

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.

Nido Education Gross-Profit-to-Asset % Related Terms

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Nido Education (ASX:NDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nido Education Ltd (ASX:NDO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

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