The Planting Hope Co (The Planting Hope Co) Gross-Profit-to-Asset % : 21.92% (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is The Planting Hope Co 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. The Planting Hope Co's annualized Gross Profit for the quarter that ended in Sep. 2023 was $1.72 Mil. The Planting Hope Co's average Total Assets over the quarter that ended in Sep. 2023 was $7.86 Mil. Therefore, The Planting Hope Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 21.92%.

The Planting Hope Co Gross-Profit-to-Asset % Historical Data

The historical data trend for The Planting Hope Co'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.

The Planting Hope Co Gross-Profit-to-Asset % Chart

The Planting Hope Co Annual Data

Trend

Dec21

Dec22

Gross-Profit-to-Asset %

14.01

25.99

The Planting Hope Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial					29.45	11.93	8.26	65.03	21.92

Competitive Comparison of The Planting Hope Co's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, The Planting Hope Co'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.

The Planting Hope Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Planting Hope Co's Gross-Profit-to-Asset % distribution charts can be found below:

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

The Planting Hope Co Gross-Profit-to-Asset % Calculation

The Planting Hope Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	2.265	/	( (7.592	+	9.841)	/ 2 )
	=	2.265	/	8.7165
	=	25.99 %

The Planting Hope Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	1.724	/	( (0	+	7.864)	/ 1 )
	=	1.724	/	7.864
	=	21.92 %

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

The Planting Hope Co Gross-Profit-to-Asset % Related Terms

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

The Planting Hope Co (The Planting Hope Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Planting Hope Co Inc (OTCPK:MYLKF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

J94:Germany MYLK:Canada

Address

725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.plantinghopecompany.com

The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.