Codan (ASX:CDA) Gross-Profit-to-Asset % : 41.57% (As of Dec. 2024)

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What is Codan 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. Codan's annualized Gross Profit for the quarter that ended in Dec. 2024 was A$344.8 Mil. Codan's average Total Assets over the quarter that ended in Dec. 2024 was A$829.4 Mil. Therefore, Codan's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 41.57%.

Codan Gross-Profit-to-Asset % Historical Data

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

Codan Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross-Profit-to-Asset %

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62.80

56.87

52.33

38.85

41.75

Codan Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															38.49	39.77	40.76	42.18	41.57

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

For the Scientific & Technical Instruments subindustry, Codan'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.

Codan's Gross-Profit-to-Asset % Distribution in the Hardware Industry

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

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

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Codan Gross-Profit-to-Asset % Calculation

Codan's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2024 )	/	( (Total Assets (A: Jun. 2023 )	+	Total Assets (A: Jun. 2024 ))	/ count )
	=	305.225	/	( (693.301	+	768.711)	/ 2 )
	=	305.225	/	731.006
	=	41.75 %

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

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	344.83	/	( (768.711	+	890.141)	/ 2 )
	=	344.83	/	829.426
	=	41.57 %

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

Codan Gross-Profit-to-Asset % Related Terms

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Codan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Codan Ltd (ASX:CDA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

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Address

Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095

Website

https://www.codan.com.au

Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.

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