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Speedy Hire (LSE:SDY) Gross-Profit-to-Asset % : 47.59% (As of Sep. 2023)


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What is Speedy Hire 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. Speedy Hire's annualized Gross Profit for the quarter that ended in Sep. 2023 was £225.4 Mil. Speedy Hire's average Total Assets over the quarter that ended in Sep. 2023 was £473.7 Mil. Therefore, Speedy Hire's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 47.59%.


Speedy Hire Gross-Profit-to-Asset % Historical Data

The historical data trend for Speedy Hire'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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Speedy Hire Gross-Profit-to-Asset % Chart

Speedy Hire Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.89 43.52 39.71 47.70 45.48

Speedy Hire Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.78 47.60 46.69 41.20 47.59

Competitive Comparison of Speedy Hire's Gross-Profit-to-Asset %

For the Rental & Leasing Services subindustry, Speedy Hire'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.


Speedy Hire's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Speedy Hire's Gross-Profit-to-Asset % distribution charts can be found below:

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



Speedy Hire Gross-Profit-to-Asset % Calculation

Speedy Hire's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=219/( (486.6+476.4)/ 2 )
=219/481.5
=45.48 %

Speedy Hire'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: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=225.4/( (476.4+470.9)/ 2 )
=225.4/473.65
=47.59 %

* 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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Speedy Hire Gross-Profit-to-Asset % Related Terms

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Speedy Hire (LSE:SDY) Business Description

Traded in Other Exchanges
Address
Chase House, 16 The Parks, Newton-le-Willows, Merseyside, GBR, WA12 0JQ
Speedy Hire PLC is a UK-based company engaged in the provision of equipment for hire and sale and associated services to construction, infrastructure, industry, and related industries. It delivers asset management with tailored services and a continued commitment to relationship management. It generates revenue from Hire and related activities followed by services provided. The company's geographical segments are the United Kingdom and Ireland, of which the majority of its revenue comes from the United Kingdom.

Speedy Hire (LSE:SDY) Headlines

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