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Titan Machinery (FRA:3TY) Gross-Profit-to-Asset % : 24.05% (As of Apr. 2024)


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What is Titan Machinery 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. Titan Machinery's annualized Gross Profit for the quarter that ended in Apr. 2024 was €454 Mil. Titan Machinery's average Total Assets over the quarter that ended in Apr. 2024 was €1,887 Mil. Therefore, Titan Machinery's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 was 24.05%.


Titan Machinery Gross-Profit-to-Asset % Historical Data

The historical data trend for Titan Machinery'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.

Titan Machinery Gross-Profit-to-Asset % Chart

Titan Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.73 27.71 39.04 42.08 33.27

Titan Machinery Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 36.66 36.71 35.73 30.54 24.05

Competitive Comparison of Titan Machinery's Gross-Profit-to-Asset %

For the Industrial Distribution subindustry, Titan Machinery'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.


Titan Machinery's Gross-Profit-to-Asset % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Titan Machinery's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Titan Machinery's Gross-Profit-to-Asset % falls into.



Titan Machinery Gross-Profit-to-Asset % Calculation

Titan Machinery's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=487.783/( (1103.109+1828.896)/ 2 )
=487.783/1466.0025
=33.27 %

Titan Machinery's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=453.904/( (1828.896+1945.706)/ 2 )
=453.904/1887.301
=24.05 %

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


Titan Machinery Gross-Profit-to-Asset % Related Terms

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Titan Machinery (FRA:3TY) Business Description

Traded in Other Exchanges
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.

Titan Machinery (FRA:3TY) Headlines

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