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Norwegian Air Shuttle ASA (OSL:NAS) Gross-Profit-to-Asset % : 30.76% (As of Sep. 2024)


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What is Norwegian Air Shuttle ASA 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. Norwegian Air Shuttle ASA's annualized Gross Profit for the quarter that ended in Sep. 2024 was kr11,871 Mil. Norwegian Air Shuttle ASA's average Total Assets over the quarter that ended in Sep. 2024 was kr38,587 Mil. Therefore, Norwegian Air Shuttle ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 30.76%.


Norwegian Air Shuttle ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA Gross-Profit-to-Asset % Chart

Norwegian Air Shuttle ASA 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 8.34 -8.00 -5.11 9.16 20.43

Norwegian Air Shuttle ASA Quarterly Data
Sep19 Dec19 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 35.83 21.38 3.02 14.89 30.76

Competitive Comparison of Norwegian Air Shuttle ASA's Gross-Profit-to-Asset %

For the Airlines subindustry, Norwegian Air Shuttle ASA'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.


Norwegian Air Shuttle ASA's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's Gross-Profit-to-Asset % falls into.



Norwegian Air Shuttle ASA Gross-Profit-to-Asset % Calculation

Norwegian Air Shuttle ASA'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 )
=5436.8/( (22669.6+30550)/ 2 )
=5436.8/26609.8
=20.43 %

Norwegian Air Shuttle ASA'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 )
=11871.2/( (39659.1+37515.2)/ 2 )
=11871.2/38587.15
=30.76 %

* 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.


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Norwegian Air Shuttle ASA Business Description

Traded in Other Exchanges
Address
Oksenoyveien 3, Fornebu, P.O. Box 113, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to major destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Marketing & Customer, Operations, and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.

Norwegian Air Shuttle ASA Headlines

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