GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hocking Valley Bancshares (OTCPK:HCKG) » Definitions » Gross-Profit-to-Asset %

HCKG (Hocking Valley Bancshares) Gross-Profit-to-Asset % : 31.98% (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Hocking Valley Bancshares 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. Hocking Valley Bancshares's annualized Gross Profit for the quarter that ended in Jun. 2024 was $10.36 Mil. Hocking Valley Bancshares's average Total Assets over the quarter that ended in Jun. 2024 was $32.41 Mil. Therefore, Hocking Valley Bancshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 31.98%.


Hocking Valley Bancshares Gross-Profit-to-Asset % Historical Data

The historical data trend for Hocking Valley Bancshares'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.

Hocking Valley Bancshares Gross-Profit-to-Asset % Chart

Hocking Valley Bancshares Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
3.09 2.90 2.80 2.97

Hocking Valley Bancshares Quarterly Data
Dec20 Dec21 Dec22 Dec23 Mar24 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial - - - 5.49 31.98

Competitive Comparison of Hocking Valley Bancshares's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Hocking Valley Bancshares'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.


Hocking Valley Bancshares's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hocking Valley Bancshares's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hocking Valley Bancshares's Gross-Profit-to-Asset % falls into.



Hocking Valley Bancshares Gross-Profit-to-Asset % Calculation

Hocking Valley Bancshares'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 )
=9.817/( (328.18+333.209)/ 2 )
=9.817/330.6945
=2.97 %

Hocking Valley Bancshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=10.364/( (31.922+32.903)/ 2 )
=10.364/32.4125
=31.98 %

* 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 (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Hocking Valley Bancshares Gross-Profit-to-Asset % Related Terms

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


Hocking Valley Bancshares Business Description

Traded in Other Exchanges
N/A
Address
7 W Stimson Ave, Athens, OH, USA, 45701
Hocking Valley Bancshares is a bank holding company that operates as a community bank that provides personal and commercial banking products and services. It offers personal, business, and digital banking services. Its services include Checking, Savings, Mobile Banking, Debit and Credit Cards, Online Banking, and Others.

Hocking Valley Bancshares Headlines