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Hero Innovation Group (XCNQ:HRO) Gross-Profit-to-Asset % : 20.89% (As of Dec. 2023)


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What is Hero Innovation Group 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. Hero Innovation Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.12 Mil. Hero Innovation Group's average Total Assets over the quarter that ended in Dec. 2023 was C$0.57 Mil. Therefore, Hero Innovation Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 20.89%.


Hero Innovation Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Hero Innovation Group'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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Hero Innovation Group Gross-Profit-to-Asset % Chart

Hero Innovation Group Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
- - 1.75 12.35 22.96

Hero Innovation Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 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 17.93 15.46 22.34 29.43 20.89

Competitive Comparison of Hero Innovation Group's Gross-Profit-to-Asset %

For the Software - Infrastructure subindustry, Hero Innovation Group'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.


Hero Innovation Group's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Hero Innovation Group's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hero Innovation Group Gross-Profit-to-Asset % Calculation

Hero Innovation Group'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 )
=0.145/( (0.605+0.658)/ 2 )
=0.145/0.6315
=22.96 %

Hero Innovation Group'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 )
=0.12/( (0.658+0.491)/ 2 )
=0.12/0.5745
=20.89 %

* 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.


Hero Innovation Group Gross-Profit-to-Asset % Related Terms

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Hero Innovation Group (XCNQ:HRO) Business Description

Traded in Other Exchanges
N/A
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Hero Innovation Group Inc is a financial technology company. The company delivers innovative financial solutions for the next generation of consumers whose parents demand safety, security, and peace of mind while promoting financial literacy for the future. The company's products include Hero financials and SideKick Card.

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