GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Concentric AB (LTS:0P4X) » Definitions » Gross-Profit-to-Asset %

Concentric AB (LTS:0P4X) Gross-Profit-to-Asset % : 21.31% (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Concentric AB 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. Concentric AB's annualized Gross Profit for the quarter that ended in Jun. 2024 was kr916 Mil. Concentric AB's average Total Assets over the quarter that ended in Jun. 2024 was kr4,298 Mil. Therefore, Concentric AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 21.31%.


Concentric AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Concentric AB'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.

Concentric AB Gross-Profit-to-Asset % Chart

Concentric AB 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 28.81 22.23 21.27 25.73 24.11

Concentric AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 24.87 21.80 19.71 23.33 21.31

Competitive Comparison of Concentric AB's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Concentric AB'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.


Concentric AB's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Concentric AB Gross-Profit-to-Asset % Calculation

Concentric AB'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 )
=1061/( (4495+4306)/ 2 )
=1061/4400.5
=24.11 %

Concentric AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=916/( (4402+4194)/ 2 )
=916/4298
=21.31 %

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


Concentric AB Gross-Profit-to-Asset % Related Terms

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


Concentric AB Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

Concentric AB Headlines

No Headlines