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Qantas Airways (ASX:QAN) Gross-Profit-to-Asset % : 59.19% (As of Dec. 2023)


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What is Qantas Airways 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. Qantas Airways's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$11,728 Mil. Qantas Airways's average Total Assets over the quarter that ended in Dec. 2023 was A$19,816 Mil. Therefore, Qantas Airways's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 59.19%.


Qantas Airways Gross-Profit-to-Asset % Historical Data

The historical data trend for Qantas Airways'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.

Qantas Airways Gross-Profit-to-Asset % Chart

Qantas Airways Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.31 38.77 17.58 24.11 54.84

Qantas Airways 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 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 16.57 31.97 56.09 53.94 59.19

Competitive Comparison of Qantas Airways's Gross-Profit-to-Asset %

For the Airlines subindustry, Qantas Airways'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.


Qantas Airways's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Qantas Airways's Gross-Profit-to-Asset % distribution charts can be found below:

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



Qantas Airways Gross-Profit-to-Asset % Calculation

Qantas Airways's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=10970/( (19653+20354)/ 2 )
=10970/20003.5
=54.84 %

Qantas Airways'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 )
=11728/( (20354+19277)/ 2 )
=11728/19815.5
=59.19 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Qantas Airways Gross-Profit-to-Asset % Related Terms

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Qantas Airways (ASX:QAN) Business Description

Traded in Other Exchanges
Address
10 Bourke Road, Mascot, Sydney, NSW, AUS, 2020
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.

Qantas Airways (ASX:QAN) Headlines

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