FRX Innovations (TSXV:FRXI) Gross-Profit-to-Asset % : -6.87% (As of Sep. 2023)

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What is FRX Innovations 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. FRX Innovations's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$-2.02 Mil. FRX Innovations's average Total Assets over the quarter that ended in Sep. 2023 was C$29.42 Mil. Therefore, FRX Innovations's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -6.87%.

FRX Innovations Gross-Profit-to-Asset % Historical Data

The historical data trend for FRX Innovations'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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FRX Innovations Gross-Profit-to-Asset % Chart

FRX Innovations Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

-1.28

-4.57

-3.71

-0.21

FRX Innovations Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial									-17.98	35.31	2.86	7.85	-6.87

Competitive Comparison of FRX Innovations's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, FRX Innovations'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.

FRX Innovations's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FRX Innovations's Gross-Profit-to-Asset % distribution charts can be found below:

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

FRX Innovations Gross-Profit-to-Asset % Calculation

FRX Innovations'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 )
	=	-0.069	/	( (32.598	+	31.77)	/ 2 )
	=	-0.069	/	32.184
	=	-0.21 %

FRX Innovations'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 )
	=	-2.02	/	( (30.96	+	27.873)	/ 2 )
	=	-2.02	/	29.4165
	=	-6.87 %

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.

FRX Innovations Gross-Profit-to-Asset % Related Terms

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FRX Innovations (TSXV:FRXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FRX Innovations Inc (TSXV:FRXI) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

FRXIF:USA W2A:Germany

Address

200 Turnpike Road, Chelmsford, MA, USA, 01824

Website

https://www.frx-innovations.com

FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia. Its product portfolio consists of Nofia Polyphosphonates, which are produced using sustainable green chemistry principles such as a solvent-free production process, no waste byproducts, and atom efficiency; Nofia Homopolymers; Nofia Reactive Oligomers.

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