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Mercantil Servicios Financieros CA (CAR:MVZ.A) Gross-Profit-to-Asset % : 23.95% (As of Sep. 2024)


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What is Mercantil Servicios Financieros CA 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. Mercantil Servicios Financieros CA's annualized Gross Profit for the quarter that ended in Sep. 2024 was VES8,023 Mil. Mercantil Servicios Financieros CA's average Total Assets over the quarter that ended in Sep. 2024 was VES33,501 Mil. Therefore, Mercantil Servicios Financieros CA's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 23.95%.


Mercantil Servicios Financieros CA Gross-Profit-to-Asset % Historical Data

The historical data trend for Mercantil Servicios Financieros CA'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.

Mercantil Servicios Financieros CA Gross-Profit-to-Asset % Chart

Mercantil Servicios Financieros CA 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 77.06 63.92 - 28.44 22.71

Mercantil Servicios Financieros CA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 37.72 -6.90 22.79 26.73 23.95

Competitive Comparison of Mercantil Servicios Financieros CA's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Mercantil Servicios Financieros CA'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.


Mercantil Servicios Financieros CA's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantil Servicios Financieros CA's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mercantil Servicios Financieros CA's Gross-Profit-to-Asset % falls into.


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Mercantil Servicios Financieros CA Gross-Profit-to-Asset % Calculation

Mercantil Servicios Financieros CA'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 )
=4471.351/( (9921.916+29449.047)/ 2 )
=4471.351/19685.4815
=22.71 %

Mercantil Servicios Financieros CA's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=8022.96/( (32465.737+34537.209)/ 2 )
=8022.96/33501.473
=23.95 %

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


Mercantil Servicios Financieros CA Gross-Profit-to-Asset % Related Terms

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Mercantil Servicios Financieros CA Business Description

Traded in Other Exchanges
Address
Avenida Andres Bello, No. 1 Edificio Banco, Mercantil, Caracas, VEN
Mercantil Servicios Financieros CA is a Venezuela-based financial services provider. It offers, through its subsidiaries, a full range of financial products and services in the banking, insurance and wealth management businesses in the Americas and Europe. It provides financial and general banking services to corporate, middle market and retail customers. Third party asset management and securities brokerage services are provided in Venezuela and other jurisdictions, as well as insurance services in Venezuela and Panama. The company generates the majority of its revenue from Venezuela.

Mercantil Servicios Financieros CA Headlines

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