GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal South Africa Ltd (JSE:ACL) » Definitions » Gross-Profit-to-Asset %

ArcelorMittal South Africa (JSE:ACL) Gross-Profit-to-Asset % : 132.77% (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is ArcelorMittal South Africa 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. ArcelorMittal South Africa's annualized Gross Profit for the quarter that ended in Dec. 2023 was R41,184 Mil. ArcelorMittal South Africa's average Total Assets over the quarter that ended in Dec. 2023 was R31,018 Mil. Therefore, ArcelorMittal South Africa's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 132.77%.


ArcelorMittal South Africa Gross-Profit-to-Asset % Historical Data

The historical data trend for ArcelorMittal South Africa'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.

ArcelorMittal South Africa Gross-Profit-to-Asset % Chart

ArcelorMittal South Africa 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 55.13 46.76 90.48 62.47 54.11

ArcelorMittal South Africa Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 97.07 69.99 52.61 133.77 132.77

Competitive Comparison of ArcelorMittal South Africa's Gross-Profit-to-Asset %

For the Steel subindustry, ArcelorMittal South Africa'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.


ArcelorMittal South Africa's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal South Africa's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ArcelorMittal South Africa's Gross-Profit-to-Asset % falls into.



ArcelorMittal South Africa Gross-Profit-to-Asset % Calculation

ArcelorMittal South Africa'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 )
=15992/( (30001+29110)/ 2 )
=15992/29555.5
=54.11 %

ArcelorMittal South Africa's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=41184/( (32926+29110)/ 2 )
=41184/31018
=132.77 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


ArcelorMittal South Africa Gross-Profit-to-Asset % Related Terms

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


ArcelorMittal South Africa (JSE:ACL) Business Description

Traded in Other Exchanges
Address
Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911
ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

ArcelorMittal South Africa (JSE:ACL) Headlines

No Headlines