Veltex (Veltex) Gross-Profit-to-Asset % : 64.40% (As of Mar. 2024)

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What is Veltex 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. Veltex's annualized Gross Profit for the quarter that ended in Mar. 2024 was $1.30 Mil. Veltex's average Total Assets over the quarter that ended in Mar. 2024 was $2.01 Mil. Therefore, Veltex's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 64.40%.

Veltex Gross-Profit-to-Asset % Historical Data

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

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

0.27

-14.69

0.31

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			-56.78	27.32	89.62	-	64.40

Competitive Comparison of Veltex's Gross-Profit-to-Asset %

For the Medical Care Facilities subindustry, Veltex'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.

Veltex's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veltex's Gross-Profit-to-Asset % distribution charts can be found below:

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

Veltex Gross-Profit-to-Asset % Calculation

Veltex'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 )
	=	0.005	/	( (1.413	+	1.803)	/ 2 )
	=	0.005	/	1.608
	=	0.31 %

Veltex'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 )
	=	1.296	/	( (1.803	+	2.222)	/ 2 )
	=	1.296	/	2.0125
	=	64.40 %

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.

Veltex Gross-Profit-to-Asset % Related Terms

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Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.