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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Gross-Profit-to-Asset % : 248.00% (As of Feb. 2024)


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What is Econet Wireless Zimbabwe 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. Econet Wireless Zimbabwe's annualized Gross Profit for the quarter that ended in Feb. 2024 was ZWL19,168,892 Mil. Econet Wireless Zimbabwe's average Total Assets over the quarter that ended in Feb. 2024 was ZWL7,729,330 Mil. Therefore, Econet Wireless Zimbabwe's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 248.00%.


Econet Wireless Zimbabwe Gross-Profit-to-Asset % Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Gross-Profit-to-Asset % Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 49.98 45.86 85.47 776.33 160.96

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 110.13 147.67 1,402.70 75.28 248.00

Competitive Comparison of Econet Wireless Zimbabwe's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.


Econet Wireless Zimbabwe's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

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

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



Econet Wireless Zimbabwe Gross-Profit-to-Asset % Calculation

Econet Wireless Zimbabwe's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=10342145/( (709022.033+12141399)/ 2 )
=10342145/6425210.5165
=160.96 %

Econet Wireless Zimbabwe's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=19168892/( (3317261+12141399)/ 2 )
=19168892/7729330
=248.00 %

* 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 two times the semi-annual (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Econet Wireless Zimbabwe Gross-Profit-to-Asset % Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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