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NN (FRA:NN2) Gross-Profit-to-Asset % : 13.22% (As of Sep. 2024)


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What is NN 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. NN's annualized Gross Profit for the quarter that ended in Sep. 2024 was €59.3 Mil. NN's average Total Assets over the quarter that ended in Sep. 2024 was €448.6 Mil. Therefore, NN's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 13.22%.


NN Gross-Profit-to-Asset % Historical Data

The historical data trend for NN'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.

NN Gross-Profit-to-Asset % Chart

NN 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 6.45 7.26 15.11 14.26 13.06

NN 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 15.15 10.74 15.74 17.30 13.22

Competitive Comparison of NN's Gross-Profit-to-Asset %

For the Conglomerates subindustry, NN'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.


NN's Gross-Profit-to-Asset % Distribution in the Conglomerates Industry

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

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



NN Gross-Profit-to-Asset % Calculation

NN'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 )
=64.277/( (515.544+468.482)/ 2 )
=64.277/492.013
=13.06 %

NN'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 )
=59.308/( (461.93+435.271)/ 2 )
=59.308/448.6005
=13.22 %

* 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.


NN Gross-Profit-to-Asset % Related Terms

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NN Business Description

Industry
Traded in Other Exchanges
Address
6210 Ardrey Kell Road, Suite 600, Charlotte, NC, USA, 28277
NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.

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