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Primaris REIT (TSX:PMZ.UN) Gross-Profit-to-Asset % : 7.06% (As of Dec. 2023)


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What is Primaris 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. Primaris REIT's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$261.6 Mil. Primaris REIT's average Total Assets over the quarter that ended in Dec. 2023 was C$3,703.6 Mil. Therefore, Primaris REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.06%.


Primaris REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for Primaris 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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Primaris REIT Gross-Profit-to-Asset % Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 4.04 5.26 6.57 6.58

Primaris REIT Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.90 6.46 6.74 7.11 7.06

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

For the REIT - Retail subindustry, Primaris 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.


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

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

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



Primaris REIT Gross-Profit-to-Asset % Calculation

Primaris 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 )
=233.625/( (3201.781+3899.634)/ 2 )
=233.625/3550.7075
=6.58 %

Primaris REIT'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=261.648/( (3507.605+3899.634)/ 2 )
=261.648/3703.6195
=7.06 %

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


Primaris REIT Gross-Profit-to-Asset % Related Terms

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Primaris REIT (TSX:PMZ.UN) Business Description

Industry
Traded in Other Exchanges
Address
26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2
Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (TSX:PMZ.UN) Headlines

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