Tower One Wireless (XCNQ:TO) Gross-Profit-to-Asset % : 61.25% (As of Sep. 2022)

View and export this data going back to 2011. Start your Free Trial

What is Tower One Wireless 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. Tower One Wireless's annualized Gross Profit for the quarter that ended in Sep. 2022 was C$22.59 Mil. Tower One Wireless's average Total Assets over the quarter that ended in Sep. 2022 was C$36.88 Mil. Therefore, Tower One Wireless's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 was 61.25%.

Tower One Wireless Gross-Profit-to-Asset % Historical Data

The historical data trend for Tower One Wireless'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.

Tower One Wireless Gross-Profit-to-Asset % Chart

Tower One Wireless Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

7.05

17.41

17.73

30.80

26.80

Tower One Wireless Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															38.81	21.06	25.01	5.43	61.25

Competitive Comparison of Tower One Wireless's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Tower One Wireless'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.

Tower One Wireless's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tower One Wireless's Gross-Profit-to-Asset % distribution charts can be found below:

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

Tower One Wireless Gross-Profit-to-Asset % Calculation

Tower One Wireless's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2021 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2021 )	/	( (Total Assets (A: Dec. 2020 )	+	Total Assets (A: Dec. 2021 ))	/ count )
	=	4.422	/	( (11.109	+	21.887)	/ 2 )
	=	4.422	/	16.498
	=	26.80 %

Tower One Wireless's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	22.592	/	( (32.282	+	41.487)	/ 2 )
	=	22.592	/	36.8845
	=	61.25 %

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. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Tower One Wireless Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Tower One Wireless's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tower One Wireless (XCNQ:TO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tower One Wireless Corp (XCNQ:TO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4

Website

https://www.toweronewireless.com

Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.

Executives

Robert Nicholas Horsley	Director
Brian Gusko	Director

Tower One Wireless (XCNQ:TO) Headlines

No Headlines