RE Royalties (TSXV:RE) Gross-Profit-to-Asset % : 18.54% (As of Dec. 2023)

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What is RE Royalties 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. RE Royalties's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$10.13 Mil. RE Royalties's average Total Assets over the quarter that ended in Dec. 2023 was C$54.62 Mil. Therefore, RE Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 18.54%.

RE Royalties Gross-Profit-to-Asset % Historical Data

The historical data trend for RE Royalties'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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RE Royalties Gross-Profit-to-Asset % Chart

RE Royalties Annual Data

Trend

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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11.91

9.12

5.20

10.00

19.57

RE Royalties Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															10.54	13.88	14.08	12.93	18.54

Competitive Comparison of RE Royalties's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, RE Royalties'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.

RE Royalties's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RE Royalties's Gross-Profit-to-Asset % distribution charts can be found below:

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

RE Royalties Gross-Profit-to-Asset % Calculation

RE Royalties'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 )
	=	9.453	/	( (42.61	+	53.978)	/ 2 )
	=	9.453	/	48.294
	=	19.57 %

RE Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	10.128	/	( (55.259	+	53.978)	/ 2 )
	=	10.128	/	54.6185
	=	18.54 %

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

RE Royalties Gross-Profit-to-Asset % Related Terms

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RE Royalties (TSXV:RE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RE Royalties Ltd (TSXV:RE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

RROYF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.reroyalties.com

RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.

Executives

Bernard Tan

Director, Senior Officer

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