Solid State (LSE:SOLI) Gross-Profit-to-Asset % : 49.89% (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Solid State 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. Solid State's annualized Gross Profit for the quarter that ended in Sep. 2023 was £54.6 Mil. Solid State's average Total Assets over the quarter that ended in Sep. 2023 was £109.4 Mil. Therefore, Solid State's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 49.89%.

Solid State Gross-Profit-to-Asset % Historical Data

The historical data trend for Solid State'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.

Solid State Gross-Profit-to-Asset % Chart

Solid State Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

51.15

54.15

43.00

47.34

45.05

Solid State 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															47.36	49.97	40.40	35.24	49.89

Competitive Comparison of Solid State's Gross-Profit-to-Asset %

For the Electronic Components subindustry, Solid State'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.

Solid State's Gross-Profit-to-Asset % Distribution in the Hardware Industry

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

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

Solid State Gross-Profit-to-Asset % Calculation

Solid State'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 )
	=	39.674	/	( (62.326	+	113.788)	/ 2 )
	=	39.674	/	88.057
	=	45.05 %

Solid State'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 )
	=	54.59	/	( (113.788	+	105.066)	/ 2 )
	=	54.59	/	109.427
	=	49.89 %

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.

Solid State Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Solid State's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Solid State (LSE:SOLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid State PLC (LSE:SOLI) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY

Website

https://www.solidstateplc.com

Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.