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Softchoice (TSX:SFTC) Gross-Profit-to-Asset % : 56.56% (As of Mar. 2024)


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What is Softchoice 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. Softchoice's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$415 Mil. Softchoice's average Total Assets over the quarter that ended in Mar. 2024 was C$733 Mil. Therefore, Softchoice's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 56.56%.


Softchoice Gross-Profit-to-Asset % Historical Data

The historical data trend for Softchoice'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.

Softchoice Gross-Profit-to-Asset % Chart

Softchoice Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.64 50.34 46.13 51.99 54.20

Softchoice Quarterly Data
Jun12 Sep12 Dec12 Mar13 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 50.60 55.10 54.02 60.54 56.56

Competitive Comparison of Softchoice's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Softchoice'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.


Softchoice's Gross-Profit-to-Asset % Distribution in the Software Industry

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

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



Softchoice Gross-Profit-to-Asset % Calculation

Softchoice'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 )
=432.912/( (811.368+786.148)/ 2 )
=432.912/798.758
=54.20 %

Softchoice'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 )
=414.824/( (786.148+680.656)/ 2 )
=414.824/733.402
=56.56 %

* 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.


Softchoice Gross-Profit-to-Asset % Related Terms

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Softchoice (TSX:SFTC) Business Description

Traded in Other Exchanges
Address
173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7
Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.

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