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Wizz Air Holdings (CHIX:WIZZL) Gross-Profit-to-Asset % : -7.71% (As of Dec. 2023)


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What is Wizz Air Holdings 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. Wizz Air Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was £-479 Mil. Wizz Air Holdings's average Total Assets over the quarter that ended in Dec. 2023 was £6,206 Mil. Therefore, Wizz Air Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -7.71%.


Wizz Air Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Wizz Air Holdings'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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Wizz Air Holdings Gross-Profit-to-Asset % Chart

Wizz Air Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.85 -10.53 -7.29 -4.34 4.87

Wizz Air Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 17.22 -7.69 -12.37 -7.71 -

Competitive Comparison of Wizz Air Holdings's Gross-Profit-to-Asset %

For the Airlines subindustry, Wizz Air Holdings'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.


Wizz Air Holdings's Gross-Profit-to-Asset % Distribution in the Transportation Industry

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

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



Wizz Air Holdings Gross-Profit-to-Asset % Calculation

Wizz Air Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=332.508/( (6205.937+7437.92)/ 2 )
=332.508/6821.9285
=4.87 %

Wizz Air Holdings'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: Mar. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-478.652/( (6205.937+0)/ 1 )
=-478.652/6205.937
=-7.71 %

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


Wizz Air Holdings Gross-Profit-to-Asset % Related Terms

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Wizz Air Holdings (CHIX:WIZZL) Business Description

Address
44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (CHIX:WIZZL) Headlines

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