Magis SpA (MIL:MGS) Gross-Profit-to-Asset % : 21.49% (As of Dec. 2022)

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What is Magis SpA 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. Magis SpA's annualized Gross Profit for the quarter that ended in Dec. 2022 was €14.55 Mil. Magis SpA's average Total Assets over the quarter that ended in Dec. 2022 was €67.72 Mil. Therefore, Magis SpA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 21.49%.

Magis SpA Gross-Profit-to-Asset % Historical Data

The historical data trend for Magis SpA'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.

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Magis SpA Gross-Profit-to-Asset % Chart

Magis SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

32.57

30.92

36.72

31.86

Magis SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			40.76	22.69	47.88	21.49	-

Competitive Comparison of Magis SpA's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Magis SpA'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.

Magis SpA's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Magis SpA's Gross-Profit-to-Asset % distribution charts can be found below:

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

Magis SpA Gross-Profit-to-Asset % Calculation

Magis SpA'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 )
	=	21.36	/	( (64.791	+	69.285)	/ 2 )
	=	21.36	/	67.038
	=	31.86 %

Magis SpA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	14.55	/	( (70.639	+	64.791)	/ 2 )
	=	14.55	/	67.715
	=	21.49 %

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 two times the semi-annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Magis SpA Gross-Profit-to-Asset % Related Terms

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Magis SpA (MIL:MGS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ZF6:Germany

Address

Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050

Website

http://www.magis.it

Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.

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