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Gilat Telecom Global (XTAE:GLTL) Gross-Profit-to-Asset % : 26.07% (As of Mar. 2024)


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What is Gilat Telecom Global 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. Gilat Telecom Global's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₪44.4 Mil. Gilat Telecom Global's average Total Assets over the quarter that ended in Mar. 2024 was ₪170.4 Mil. Therefore, Gilat Telecom Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 26.07%.


Gilat Telecom Global Gross-Profit-to-Asset % Historical Data

The historical data trend for Gilat Telecom Global'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.

Gilat Telecom Global Gross-Profit-to-Asset % Chart

Gilat Telecom Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.65 21.45 18.49 19.87 26.43

Gilat Telecom Global 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 25.29 25.64 23.33 33.65 26.07

Competitive Comparison of Gilat Telecom Global's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Gilat Telecom Global'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.


Gilat Telecom Global's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

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

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



Gilat Telecom Global Gross-Profit-to-Asset % Calculation

Gilat Telecom Global'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 )
=44.754/( (166.221+172.4)/ 2 )
=44.754/169.3105
=26.43 %

Gilat Telecom Global'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 )
=44.424/( (172.4+168.374)/ 2 )
=44.424/170.387
=26.07 %

* 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.


Gilat Telecom Global Gross-Profit-to-Asset % Related Terms

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Gilat Telecom Global (XTAE:GLTL) Business Description

Traded in Other Exchanges
N/A
Address
21 Yegia Kapayim Street, P O Box 7144, Petach-Tikva, ISR, 4913020
Gilat Telecom Global Ltd is engaged in providing end-to-end communication solutions including bandwidth and connectivity over satellite, fiber optic, and radio infrastructure to cellular operators, Internet providers, enterprises, government organizations, and emergency and rescue services in Africa and the middle east.

Gilat Telecom Global (XTAE:GLTL) Headlines

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