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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Gross-Profit-to-Asset % : 5.71% (As of Dec. 2023)


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What is Merit Turizm Yatirim ve Isletme AS 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. Merit Turizm Yatirim ve Isletme AS's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₺171.0 Mil. Merit Turizm Yatirim ve Isletme AS's average Total Assets over the quarter that ended in Dec. 2023 was ₺2,997.4 Mil. Therefore, Merit Turizm Yatirim ve Isletme AS's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.71%.


Merit Turizm Yatirim ve Isletme AS Gross-Profit-to-Asset % Historical Data

The historical data trend for Merit Turizm Yatirim ve Isletme AS'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.

Merit Turizm Yatirim ve Isletme AS Gross-Profit-to-Asset % Chart

Merit Turizm Yatirim ve Isletme AS 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 28.42 9.05 1.97 4.12 2.45

Merit Turizm Yatirim ve Isletme AS Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.53 1.70 3.02 5.54 5.71

Competitive Comparison of Merit Turizm Yatirim ve Isletme AS's Gross-Profit-to-Asset %

For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme AS'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.


Merit Turizm Yatirim ve Isletme AS's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's Gross-Profit-to-Asset % falls into.



Merit Turizm Yatirim ve Isletme AS Gross-Profit-to-Asset % Calculation

Merit Turizm Yatirim ve Isletme AS'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 )
=86.287/( (2665.573+4373.356)/ 2 )
=86.287/3519.4645
=2.45 %

Merit Turizm Yatirim ve Isletme AS'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=171.04/( (1621.424+4373.356)/ 2 )
=171.04/2997.39
=5.71 %

* 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.


Merit Turizm Yatirim ve Isletme AS Gross-Profit-to-Asset % Related Terms

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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Business Description

Traded in Other Exchanges
N/A
Address
Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337
Merit Turizm Yatirim ve Isletme A.S. is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.

Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Headlines

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