Borouge (ADX:BOROUGE) Gross-Profit-to-Asset % : 25.26% (As of Mar. 2024)

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What is Borouge 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. Borouge's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ8,411 Mil. Borouge's average Total Assets over the quarter that ended in Mar. 2024 was د.إ33,296 Mil. Therefore, Borouge's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.26%.

Borouge Gross-Profit-to-Asset % Historical Data

The historical data trend for Borouge'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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Borouge Gross-Profit-to-Asset % Chart

Borouge Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

22.57

Borouge Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial				19.20	22.58	25.92	26.89	25.26

Competitive Comparison of Borouge's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Borouge'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.

Borouge's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borouge's Gross-Profit-to-Asset % distribution charts can be found below:

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

Borouge Gross-Profit-to-Asset % Calculation

Borouge'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 )
	=	7948.332	/	( (37594.573	+	32851.341)	/ 2 )
	=	7948.332	/	35222.957
	=	22.57 %

Borouge'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 )
	=	8410.82	/	( (32851.341	+	33739.84)	/ 2 )
	=	8410.82	/	33295.5905
	=	25.26 %

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.

Borouge Gross-Profit-to-Asset % Related Terms

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Borouge (ADX:BOROUGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borouge Plc (ADX:BOROUGE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE

Website

https://www.borouge.com

Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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