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Tenax International SpA (MIL:TNX) Gross-Profit-to-Asset % : 34.15% (As of Dec. 2023)


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What is Tenax International 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. Tenax International SpA's annualized Gross Profit for the quarter that ended in Dec. 2023 was €7.22 Mil. Tenax International SpA's average Total Assets over the quarter that ended in Dec. 2023 was €21.13 Mil. Therefore, Tenax International SpA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 34.15%.


Tenax International SpA Gross-Profit-to-Asset % Historical Data

The historical data trend for Tenax International 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.

Tenax International SpA Gross-Profit-to-Asset % Chart

Tenax International SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 35.08 24.72 19.05 28.71 31.11

Tenax International SpA Semi-Annual Data
Dec18 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 13.74 23.58 33.89 28.51 34.15

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

For the Auto Manufacturers subindustry, Tenax International 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.


Tenax International SpA's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenax International SpA's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tenax International SpA Gross-Profit-to-Asset % Calculation

Tenax International 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 )
=6.418/( (19.214+22.052)/ 2 )
=6.418/20.633
=31.11 %

Tenax International 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 )
=7.216/( (20.207+22.052)/ 2 )
=7.216/21.1295
=34.15 %

* 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.


Tenax International SpA Gross-Profit-to-Asset % Related Terms

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Tenax International SpA (MIL:TNX) Business Description

Traded in Other Exchanges
N/A
Address
Via Balduina 3, Rio Saliceto, ITA, 42010
Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.

Tenax International SpA (MIL:TNX) Headlines

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