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AFC Gamma (FRA:0FG) Gross-Profit-to-Asset % : 9.39% (As of Mar. 2024)


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What is AFC Gamma 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. AFC Gamma's annualized Gross Profit for the quarter that ended in Mar. 2024 was €40.67 Mil. AFC Gamma's average Total Assets over the quarter that ended in Mar. 2024 was €433.08 Mil. Therefore, AFC Gamma's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.39%.


AFC Gamma Gross-Profit-to-Asset % Historical Data

The historical data trend for AFC Gamma'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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AFC Gamma Gross-Profit-to-Asset % Chart

AFC Gamma Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- 13.79 14.98 10.85

AFC Gamma Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.61 13.79 13.31 7.39 9.39

Competitive Comparison of AFC Gamma's Gross-Profit-to-Asset %

For the REIT - Specialty subindustry, AFC Gamma'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.


AFC Gamma's Gross-Profit-to-Asset % Distribution in the REITs Industry

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

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



AFC Gamma Gross-Profit-to-Asset % Calculation

AFC Gamma'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 )
=49.815/( (490.103+427.858)/ 2 )
=49.815/458.9805
=10.85 %

AFC Gamma's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=40.668/( (427.858+438.294)/ 2 )
=40.668/433.076
=9.39 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


AFC Gamma Gross-Profit-to-Asset % Related Terms

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AFC Gamma (FRA:0FG) Business Description

Industry
Traded in Other Exchanges
Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.

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