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Summit Real Estate Holdings (XTAE:SMT) Gross-Profit-to-Asset % : 5.06% (As of Mar. 2024)


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What is Summit Real Estate Holdings 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. Summit Real Estate Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₪544.1 Mil. Summit Real Estate Holdings's average Total Assets over the quarter that ended in Mar. 2024 was ₪10,741.8 Mil. Therefore, Summit Real Estate Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.06%.


Summit Real Estate Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Summit Real Estate Holdings'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.

Summit Real Estate Holdings Gross-Profit-to-Asset % Chart

Summit Real Estate Holdings 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 4.71 4.43 4.26 5.18 5.13

Summit Real Estate Holdings 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 4.95 5.16 4.99 4.86 5.06

Competitive Comparison of Summit Real Estate Holdings's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, Summit Real Estate Holdings'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.


Summit Real Estate Holdings's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Summit Real Estate Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Summit Real Estate Holdings's Gross-Profit-to-Asset % falls into.



Summit Real Estate Holdings Gross-Profit-to-Asset % Calculation

Summit Real Estate Holdings'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 )
=552.293/( (10853.127+10674.899)/ 2 )
=552.293/10764.013
=5.13 %

Summit Real Estate Holdings'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 )
=544.06/( (10674.899+10808.729)/ 2 )
=544.06/10741.814
=5.06 %

* 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.


Summit Real Estate Holdings Gross-Profit-to-Asset % Related Terms

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Summit Real Estate Holdings (XTAE:SMT) Business Description

Traded in Other Exchanges
N/A
Address
66 Hahistadrut Avenue, Haifa, ISR
Summit Real Estate Holdings Ltd is an Israel-based company. It is active in real estate industry. The company is involved in various aspects of the real estate business. It primarily emphasized on purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Summit Real Estate Holdings (XTAE:SMT) Headlines