GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nokian Tyres PLC (OTCPK:NKRKY) » Definitions » Gross-Profit-to-Asset %

NKRKY (Nokian Tyres) Gross-Profit-to-Asset % : 9.46% (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Nokian Tyres 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. Nokian Tyres's annualized Gross Profit for the quarter that ended in Sep. 2024 was $251 Mil. Nokian Tyres's average Total Assets over the quarter that ended in Sep. 2024 was $2,657 Mil. Therefore, Nokian Tyres's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 9.46%.


Nokian Tyres Gross-Profit-to-Asset % Historical Data

The historical data trend for Nokian Tyres'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.

Nokian Tyres Gross-Profit-to-Asset % Chart

Nokian Tyres 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 25.55 17.93 22.53 12.73 10.78

Nokian Tyres Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.56 15.39 5.03 11.00 9.46

Competitive Comparison of Nokian Tyres's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Nokian Tyres'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.


Nokian Tyres's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

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

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



Nokian Tyres Gross-Profit-to-Asset % Calculation

Nokian Tyres'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 )
=262.814/( (2340.784+2535.66)/ 2 )
=262.814/2438.222
=10.78 %

Nokian Tyres's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=251.276/( (2512.164+2802.22)/ 2 )
=251.276/2657.192
=9.46 %

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


Nokian Tyres Gross-Profit-to-Asset % Related Terms

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


Nokian Tyres Business Description

Address
Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres, and Vianor. The Passenger car tyres segment generates the majority of revenue.

Nokian Tyres Headlines

From GuruFocus

Q1 2019 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Nokian Tyres plc Q&A Conference Call Transcript

By GuruFocus Research 02-14-2024

Q4 2022 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2020 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Nokian Tyres plc Capital Markets Day (Virtual) Transcript

By GuruFocus Research 02-14-2024

Q3 2023 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Nokian Tyres plc Q&A Call Transcript

By GuruFocus Research 02-14-2024

Q1 2020 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2019 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2022 Nokian Tyres plc Earnings Call Transcript

By GuruFocus Research 02-14-2024