Minerva Knitwear (ATH:MIN) Gross-Profit-to-Asset % : 27.18% (As of Jun. 2024)

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What is Minerva Knitwear 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. Minerva Knitwear's annualized Gross Profit for the quarter that ended in Jun. 2024 was €7.57 Mil. Minerva Knitwear's average Total Assets over the quarter that ended in Jun. 2024 was €27.84 Mil. Therefore, Minerva Knitwear's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 27.18%.

Minerva Knitwear Gross-Profit-to-Asset % Historical Data

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

Minerva Knitwear Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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23.94

19.34

29.02

30.27

29.78

Minerva Knitwear Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial											27.97	31.33	26.98	33.10	27.18

Competitive Comparison of Minerva Knitwear's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Minerva Knitwear'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.

Minerva Knitwear's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minerva Knitwear's Gross-Profit-to-Asset % distribution charts can be found below:

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

Minerva Knitwear Gross-Profit-to-Asset % Calculation

Minerva Knitwear'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 )
	=	8.199	/	( (27.221	+	27.834)	/ 2 )
	=	8.199	/	27.5275
	=	29.78 %

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

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	7.568	/	( (27.834	+	27.846)	/ 2 )
	=	7.568	/	27.84
	=	27.18 %

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

Minerva Knitwear Gross-Profit-to-Asset % Related Terms

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Minerva Knitwear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Minerva Knitwear SA (ATH:MIN) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29

Website

http://www.minerva.gr

Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.