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Trulieve Cannabis (XCNQ:TRUL) Gross-Profit-to-Asset % : 25.17% (As of Mar. 2024)


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What is Trulieve Cannabis 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. Trulieve Cannabis's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$941 Mil. Trulieve Cannabis's average Total Assets over the quarter that ended in Mar. 2024 was C$3,739 Mil. Therefore, Trulieve Cannabis's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.17%.


Trulieve Cannabis Gross-Profit-to-Asset % Historical Data

The historical data trend for Trulieve Cannabis'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.

Trulieve Cannabis Gross-Profit-to-Asset % Chart

Trulieve Cannabis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.59 64.05 26.84 20.84 19.07

Trulieve Cannabis 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 17.95 18.20 20.67 22.27 25.17

Competitive Comparison of Trulieve Cannabis's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis'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.


Trulieve Cannabis's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Trulieve Cannabis's Gross-Profit-to-Asset % distribution charts can be found below:

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



Trulieve Cannabis Gross-Profit-to-Asset % Calculation

Trulieve Cannabis'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 )
=789.703/( (4619.45+3661.3)/ 2 )
=789.703/4140.375
=19.07 %

Trulieve Cannabis'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 )
=941.032/( (3661.3+3816.183)/ 2 )
=941.032/3738.7415
=25.17 %

* 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.


Trulieve Cannabis Gross-Profit-to-Asset % Related Terms

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Trulieve Cannabis (XCNQ:TRUL) Business Description

Traded in Other Exchanges
Address
6749 Ben Bostic Road, Quincy, FL, USA, 32351
Trulieve Cannabis Corp is a vertically integrated seed to sale and fully licensed medical marijuana company. It is mainly engaged in the cultivation, possession, use, sale, and distribution of medical cannabis.

Trulieve Cannabis (XCNQ:TRUL) Headlines

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