Magellan Aerospace (FRA:4M7A) Gross-Profit-to-Asset % : 9.18% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Magellan Aerospace 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. Magellan Aerospace's annualized Gross Profit for the quarter that ended in Mar. 2024 was €64.8 Mil. Magellan Aerospace's average Total Assets over the quarter that ended in Mar. 2024 was €705.5 Mil. Therefore, Magellan Aerospace's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.18%.

Magellan Aerospace Gross-Profit-to-Asset % Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Gross-Profit-to-Asset % Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

14.48

8.43

4.83

3.49

8.67

Magellan Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															8.66	9.10	7.83	9.24	9.18

Competitive Comparison of Magellan Aerospace's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, Magellan Aerospace'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.

Magellan Aerospace's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Gross-Profit-to-Asset % distribution charts can be found below:

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

Magellan Aerospace Gross-Profit-to-Asset % Calculation

Magellan Aerospace'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 )
	=	60.826	/	( (702.454	+	700.65)	/ 2 )
	=	60.826	/	701.552
	=	8.67 %

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

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	64.752	/	( (700.65	+	710.425)	/ 2 )
	=	64.752	/	705.5375
	=	9.18 %

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 four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Magellan Aerospace Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Magellan Aerospace's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Magellan Aerospace (FRA:4M7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (FRA:4M7A) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

MALJF:USA MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (FRA:4M7A) Headlines

No Headlines