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Prevas AB (OSTO:PREV B) Gross-Profit-to-Asset % : 64.94% (As of Mar. 2024)


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What is Prevas AB 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. Prevas AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr704 Mil. Prevas AB's average Total Assets over the quarter that ended in Mar. 2024 was kr1,085 Mil. Therefore, Prevas AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 64.94%.


Prevas AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Prevas AB'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.

Prevas AB Gross-Profit-to-Asset % Chart

Prevas AB 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 113.24 100.48 108.72 85.97 85.62

Prevas AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 72.54 60.59 53.13 164.46 64.94

Competitive Comparison of Prevas AB's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Prevas AB'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.


Prevas AB's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Prevas AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Prevas AB Gross-Profit-to-Asset % Calculation

Prevas AB'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 )
=880.239/( (995.778+1060.366)/ 2 )
=880.239/1028.072
=85.62 %

Prevas AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=704.388/( (1060.366+1108.959)/ 2 )
=704.388/1084.6625
=64.94 %

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


Prevas AB Gross-Profit-to-Asset % Related Terms

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Prevas AB (OSTO:PREV B) Business Description

Industry
Traded in Other Exchanges
Address
Glodgargrand 14, Box 4, Vasteras, SWE, 72103
Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

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