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Flour Mills Nigeria (NSA:FMNL) Gross-Profit-to-Asset % : 20.08% (As of Mar. 2023)


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What is Flour Mills Nigeria 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. Flour Mills Nigeria's annualized Gross Profit for the quarter that ended in Mar. 2023 was ₦177,103 Mil. Flour Mills Nigeria's average Total Assets over the quarter that ended in Mar. 2023 was ₦882,204 Mil. Therefore, Flour Mills Nigeria's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2023 was 20.08%.


Flour Mills Nigeria Gross-Profit-to-Asset % Historical Data

The historical data trend for Flour Mills Nigeria'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.

Flour Mills Nigeria Gross-Profit-to-Asset % Chart

Flour Mills Nigeria Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.93 15.49 21.85 17.84 20.08

Flour Mills Nigeria Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 12.93 15.49 21.85 17.84 20.08

Competitive Comparison of Flour Mills Nigeria's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Flour Mills Nigeria'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.


Flour Mills Nigeria's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Flour Mills Nigeria's Gross-Profit-to-Asset % falls into.



Flour Mills Nigeria Gross-Profit-to-Asset % Calculation

Flour Mills Nigeria's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=177102.847/( (667011.809+1097396.39)/ 2 )
=177102.847/882204.0995
=20.08 %

Flour Mills Nigeria's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=177102.847/( (667011.809+1097396.39)/ 2 )
=177102.847/882204.0995
=20.08 %

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


Flour Mills Nigeria Gross-Profit-to-Asset % Related Terms

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Flour Mills Nigeria (NSA:FMNL) Business Description

Traded in Other Exchanges
N/A
Address
Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA
Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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