GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Titomic Ltd (ASX:TTT) » Definitions » Gross-Profit-to-Asset %

Titomic (ASX:TTT) Gross-Profit-to-Asset % : 64.91% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Titomic 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. Titomic's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$4.62 Mil. Titomic's average Total Assets over the quarter that ended in Dec. 2023 was A$7.11 Mil. Therefore, Titomic's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 64.91%.


Titomic Gross-Profit-to-Asset % Historical Data

The historical data trend for Titomic'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.

Titomic Gross-Profit-to-Asset % Chart

Titomic Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial -0.07 -3.14 -4.82 9.62 -3.74

Titomic Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.18 7.71 23.12 -44.36 64.91

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

For the Specialty Chemicals subindustry, Titomic'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.


Titomic's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Titomic's Gross-Profit-to-Asset % distribution charts can be found below:

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



Titomic Gross-Profit-to-Asset % Calculation

Titomic's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-0.396/( (14.818+6.353)/ 2 )
=-0.396/10.5855
=-3.74 %

Titomic'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4.616/( (6.353+7.869)/ 2 )
=4.616/7.111
=64.91 %

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


Titomic Gross-Profit-to-Asset % Related Terms

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


Titomic (ASX:TTT) Business Description

Traded in Other Exchanges
Address
365 Ferntree Gully Road, Ground Floor, Mount Waverley, VIC, AUS, 3149
Titomic Ltd specializes in leveraging advanced materials and a new additive manufacturing technology. The company operates in three geographical segments; located in Australia, the USA, and the Netherlands. The company specializes in manufacturing and technology solutions for high-performance metal additive manufacturing, metal coatings, and repairs using its unique patented Titomic Kinetic Fusion cold spray technology with its principal activities in the global defense, aerospace, mining, energy, and transport industries.

Titomic (ASX:TTT) Headlines

From GuruFocus

Top 5 1st Quarter Trades of KCM INVESTMENT ADVISORS LLC

By GuruFocus Research GuruFocus Editor 05-15-2022