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SOL SpA (MIL:SOL) Gross-Profit-to-Asset % : 34.85% (As of Dec. 2023)


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What is SOL 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. SOL SpA's annualized Gross Profit for the quarter that ended in Dec. 2023 was €651 Mil. SOL SpA's average Total Assets over the quarter that ended in Dec. 2023 was €1,869 Mil. Therefore, SOL SpA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 34.85%.


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

The historical data trend for SOL 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.

* Premium members only.

SOL SpA Gross-Profit-to-Asset % Chart

SOL SpA 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 34.44 34.36 33.86 31.87 35.06

SOL SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.70 34.08 30.24 35.93 34.85

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

For the Specialty Chemicals subindustry, SOL 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.


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

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

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



SOL SpA Gross-Profit-to-Asset % Calculation

SOL 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 )
=641.487/( (1718.583+1940.667)/ 2 )
=641.487/1829.625
=35.06 %

SOL SpA'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=651.394/( (1797.387+1940.667)/ 2 )
=651.394/1869.027
=34.85 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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


SOL SpA (MIL:SOL) Business Description

Industry
Traded in Other Exchanges
Address
Via Borgazzi, 27, Monza, ITA, 20900
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.