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Totens Sparebank (OSL:TOTG) Gross-Profit-to-Asset % : 2.82% (As of Mar. 2024)


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What is Totens Sparebank 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. Totens Sparebank's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr629.5 Mil. Totens Sparebank's average Total Assets over the quarter that ended in Mar. 2024 was kr22,337.6 Mil. Therefore, Totens Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.82%.


Totens Sparebank Gross-Profit-to-Asset % Historical Data

The historical data trend for Totens Sparebank'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.

Totens Sparebank Gross-Profit-to-Asset % Chart

Totens Sparebank 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 2.59 2.39 2.34 2.44 2.86

Totens Sparebank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.49 3.39 2.82 2.81 2.82

Competitive Comparison of Totens Sparebank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Totens Sparebank'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.


Totens Sparebank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Totens Sparebank's Gross-Profit-to-Asset % distribution charts can be found below:

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



Totens Sparebank Gross-Profit-to-Asset % Calculation

Totens Sparebank'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 )
=634.107/( (21974.315+22323.32)/ 2 )
=634.107/22148.8175
=2.86 %

Totens Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=629.508/( (22323.32+22351.973)/ 2 )
=629.508/22337.6465
=2.82 %

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


Totens Sparebank Gross-Profit-to-Asset % Related Terms

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Totens Sparebank (OSL:TOTG) Business Description

Traded in Other Exchanges
N/A
Address
Postboks 34, Lena, NOR, 2850
Totens Sparebank operates as a savings bank in Norway. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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