Kumba Iron Ore (Kumba Iron Ore) Gross-Profit-to-Asset % : 93.05% (As of Dec. 2023)

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What is Kumba Iron Ore 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. Kumba Iron Ore's annualized Gross Profit for the quarter that ended in Dec. 2023 was $4,618 Mil. Kumba Iron Ore's average Total Assets over the quarter that ended in Dec. 2023 was $4,963 Mil. Therefore, Kumba Iron Ore's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 93.05%.

Kumba Iron Ore Gross-Profit-to-Asset % Historical Data

The historical data trend for Kumba Iron Ore'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.

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Kumba Iron Ore Gross-Profit-to-Asset % Chart

Kumba Iron Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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79.84

93.70

107.90

79.64

82.53

Kumba Iron Ore 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															84.79	92.14	69.30	78.21	93.05

Competitive Comparison of Kumba Iron Ore's Gross-Profit-to-Asset %

For the Steel subindustry, Kumba Iron Ore'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.

Kumba Iron Ore's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

* The bar in red indicates where Kumba Iron Ore's Gross-Profit-to-Asset % falls into.

Kumba Iron Ore Gross-Profit-to-Asset % Calculation

Kumba Iron Ore'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 )
	=	4160.244	/	( (4783.507	+	5298.399)	/ 2 )
	=	4160.244	/	5040.953
	=	82.53 %

Kumba Iron Ore'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 )
	=	4618.092	/	( (4628.057	+	5298.399)	/ 2 )
	=	4618.092	/	4963.228
	=	93.05 %

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.

Kumba Iron Ore Gross-Profit-to-Asset % Related Terms

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Kumba Iron Ore (Kumba Iron Ore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (OTCPK:KUMBF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

KIO:South Africa KIROY:USA KUI:Germany

Address

144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.angloamericankumba.com

Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

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