GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Icelandair Group hf (LTS:0ERU) » Definitions » Gross-Profit-to-Asset %

Icelandair Group hf (LTS:0ERU) Gross-Profit-to-Asset % : 3.68% (As of Mar. 2024)


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

What is Icelandair Group hf 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. Icelandair Group hf's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr8,235 Mil. Icelandair Group hf's average Total Assets over the quarter that ended in Mar. 2024 was kr223,968 Mil. Therefore, Icelandair Group hf's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.68%.


Icelandair Group hf Gross-Profit-to-Asset % Historical Data

The historical data trend for Icelandair Group hf'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.

Icelandair Group hf Gross-Profit-to-Asset % Chart

Icelandair Group hf 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 19.95 -6.94 0.97 17.82 20.79

Icelandair Group hf 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 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 2.56 25.22 47.77 4.29 3.68

Competitive Comparison of Icelandair Group hf's Gross-Profit-to-Asset %

For the Airlines subindustry, Icelandair Group hf'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.


Icelandair Group hf's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Icelandair Group hf's Gross-Profit-to-Asset % distribution charts can be found below:

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



Icelandair Group hf Gross-Profit-to-Asset % Calculation

Icelandair Group hf'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 )
=42343.791/( (195645.417+211797.425)/ 2 )
=42343.791/203721.421
=20.79 %

Icelandair Group hf'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 )
=8235.232/( (211797.425+236139.192)/ 2 )
=8235.232/223968.3085
=3.68 %

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


Icelandair Group hf Gross-Profit-to-Asset % Related Terms

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


Icelandair Group hf (LTS:0ERU) Business Description

Traded in Other Exchanges
Address
Reykjavikurflugvollur, Reykjavik Airport, Reykjavik, ISL, 101
Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Passenger and cargo operations and Other group entities. It generates maximum revenue from the Passenger and cargo operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.

Icelandair Group hf (LTS:0ERU) Headlines

No Headlines