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TerraVest Industries (TSX:TVK) Gross-Profit-to-Asset % : 31.42% (As of Mar. 2024)


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What is TerraVest Industries 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. TerraVest Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$251.9 Mil. TerraVest Industries's average Total Assets over the quarter that ended in Mar. 2024 was C$801.8 Mil. Therefore, TerraVest Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 31.42%.


TerraVest Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Gross-Profit-to-Asset % Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.33 24.36 22.21 24.37 26.19

TerraVest Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.44 20.98 28.51 35.93 31.42

Competitive Comparison of TerraVest Industries's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


TerraVest Industries's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TerraVest Industries's Gross-Profit-to-Asset % distribution charts can be found below:

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



TerraVest Industries Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=165.959/( (614.523+652.915)/ 2 )
=165.959/633.719
=26.19 %

TerraVest Industries'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 )
=251.896/( (804.076+799.577)/ 2 )
=251.896/801.8265
=31.42 %

* 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.


TerraVest Industries Gross-Profit-to-Asset % Related Terms

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TerraVest Industries (TSX:TVK) Business Description

Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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