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Irbid District Electricity (AMM:IREL) Gross-Profit-to-Asset % : 10.47% (As of Mar. 2024)


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What is Irbid District Electricity 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. Irbid District Electricity's annualized Gross Profit for the quarter that ended in Mar. 2024 was JOD41.6 Mil. Irbid District Electricity's average Total Assets over the quarter that ended in Mar. 2024 was JOD397.7 Mil. Therefore, Irbid District Electricity's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.47%.


Irbid District Electricity Gross-Profit-to-Asset % Historical Data

The historical data trend for Irbid District Electricity'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.

Irbid District Electricity Gross-Profit-to-Asset % Chart

Irbid District Electricity 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 10.56 13.41 13.98 17.39 13.76

Irbid District Electricity 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 14.88 13.62 16.70 7.15 10.47

Competitive Comparison of Irbid District Electricity's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, Irbid District Electricity'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.


Irbid District Electricity's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Gross-Profit-to-Asset % distribution charts can be found below:

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



Irbid District Electricity Gross-Profit-to-Asset % Calculation

Irbid District Electricity'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 )
=54.092/( (395.678+390.428)/ 2 )
=54.092/393.053
=13.76 %

Irbid District Electricity'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 )
=41.628/( (390.428+404.918)/ 2 )
=41.628/397.673
=10.47 %

* 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.


Irbid District Electricity Gross-Profit-to-Asset % Related Terms

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Irbid District Electricity (AMM:IREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110
Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity (AMM:IREL) Headlines

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