GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Gross-Profit-to-Asset %

Skyline Bankshares (Skyline Bankshares) Gross-Profit-to-Asset % : 4.03% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Skyline Bankshares 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. Skyline Bankshares's annualized Gross Profit for the quarter that ended in Mar. 2024 was $42.26 Mil. Skyline Bankshares's average Total Assets over the quarter that ended in Mar. 2024 was $1,047.96 Mil. Therefore, Skyline Bankshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.03%.


Skyline Bankshares Gross-Profit-to-Asset % Historical Data

The historical data trend for Skyline Bankshares'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.

Skyline Bankshares Gross-Profit-to-Asset % Chart

Skyline Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 4.74 4.30 4.20 4.10 4.17

Skyline Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.19 4.19 4.21 4.16 4.03

Competitive Comparison of Skyline Bankshares's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Skyline Bankshares'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.


Skyline Bankshares's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skyline Bankshares's Gross-Profit-to-Asset % distribution charts can be found below:

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



Skyline Bankshares Gross-Profit-to-Asset % Calculation

Skyline Bankshares'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 )
=42.568/( (997.734+1045.843)/ 2 )
=42.568/1021.7885
=4.17 %

Skyline Bankshares'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 )
=42.264/( (1045.843+1050.08)/ 2 )
=42.264/1047.9615
=4.03 %

* 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.


Skyline Bankshares Gross-Profit-to-Asset % Related Terms

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


Skyline Bankshares (Skyline Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Jacksonville Circle, Floyd, VA, USA, 24091
Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.

Skyline Bankshares (Skyline Bankshares) Headlines

From GuruFocus

Parkway Acquisition Corp. Announces First Quarter 2018 Results

By PRNewswire PRNewswire 05-03-2018

Skyline Bankshares, Inc. Announces Semi-Annual Cash Dividend

By sperokesalga sperokesalga 02-22-2023

Parkway Acquisition Corp. Announces Cash Dividend

By PRNewswire PRNewswire 08-17-2022

Parkway Acquisition Corp. Announces Cash Dividend

By PRNewswire PRNewswire 08-19-2021

Parkway Acquisition Corp. Announces Cash Dividend

By PRNewswire PRNewswire 08-22-2019

Parkway Acquisition Corp. Announces Cash Dividend

By PRNewswire PRNewswire 02-16-2022

Parkway Acquisition Corp Announces New Stock Repurchase Plan

By PRNewswire PRNewswire 01-23-2019