Close Brothers Group (CHIX:CBGL) Gross-Profit-to-Asset % : 7.39% (As of Jan. 2024)

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What is Close Brothers Group 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. Close Brothers Group's annualized Gross Profit for the quarter that ended in Jan. 2024 was £1,020 Mil. Close Brothers Group's average Total Assets over the quarter that ended in Jan. 2024 was £13,794 Mil. Therefore, Close Brothers Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 7.39%.

Close Brothers Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Close Brothers Group'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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Close Brothers Group Gross-Profit-to-Asset % Chart

Close Brothers Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Gross-Profit-to-Asset %

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8.36

8.62

8.85

8.15

7.71

Close Brothers Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															8.24	7.94	8.02	7.53	7.39

Competitive Comparison of Close Brothers Group's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Close Brothers Group'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.

Close Brothers Group's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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

Close Brothers Group Gross-Profit-to-Asset % Calculation

Close Brothers Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jul. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jul. 2023 )	/	( (Total Assets (A: Jul. 2022 )	+	Total Assets (A: Jul. 2023 ))	/ count )
	=	1010.6	/	( (12678.3	+	13550.3)	/ 2 )
	=	1010.6	/	13114.3
	=	7.71 %

Close Brothers Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	1020	/	( (13550.3	+	14037.8)	/ 2 )
	=	1020	/	13794.05
	=	7.39 %

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 (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Close Brothers Group Gross-Profit-to-Asset % Related Terms

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Close Brothers Group (CHIX:CBGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (CHIX:CBGl) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CBGPY:USA CBGPF:USA CBG:UK CS3:Germany

Address

10 Crown Place, London, GBR, EC2A 4FT

Website

https://www.closebrothers.com

Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.