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Dream Residential REIT (Dream Residential REIT) Gross-Profit-to-Asset % : 6.46% (As of Mar. 2024)


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What is Dream Residential REIT 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. Dream Residential REIT's annualized Gross Profit for the quarter that ended in Mar. 2024 was $26.53 Mil. Dream Residential REIT's average Total Assets over the quarter that ended in Mar. 2024 was $410.64 Mil. Therefore, Dream Residential REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.46%.

Dream Residential REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Dream Residential REIT'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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Dream Residential REIT Gross-Profit-to-Asset % Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Gross-Profit-to-Asset %
- 5.89

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial - 6.54 7.03 - 6.46

Competitive Comparison of Dream Residential REIT's Gross-Profit-to-Asset %

For the REIT - Residential subindustry, Dream Residential REIT'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.

Dream Residential REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Gross-Profit-to-Asset % distribution charts can be found below:

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


Dream Residential REIT Gross-Profit-to-Asset % Calculation

Dream Residential REIT'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 )
=24.85/( (432.504+411.926)/ 2 )
=24.85/422.215
=5.89 %

Dream Residential REIT'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 )
=26.532/( (411.926+409.358)/ 2 )
=26.532/410.642
=6.46 %

* 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.

Dream Residential REIT Gross-Profit-to-Asset % Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
TSXV:FCA.UN TSXV:SRES TSXV:MAR.UN TSXV:LRT.UN TSX:ERE.UN AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN
Traded in Other Exchanges
DRR.U:Canada
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Website
https://www.dream.ca
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.