GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Careium AB (OSTO:CARE) » Definitions » Gross-Profit-to-Asset %

Careium AB (OSTO:CARE) Gross-Profit-to-Asset % : 32.83% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Careium AB 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. Careium AB's annualized Gross Profit for the quarter that ended in Sep. 2024 was kr344.8 Mil. Careium AB's average Total Assets over the quarter that ended in Sep. 2024 was kr1,050.4 Mil. Therefore, Careium AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 32.83%.


Careium AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Careium AB'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.

Careium AB Gross-Profit-to-Asset % Chart

Careium AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
31.44 32.05 27.17 26.78 34.86

Careium AB Quarterly Data
Dec19 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 36.73 32.45 36.08 36.53 32.83

Competitive Comparison of Careium AB's Gross-Profit-to-Asset %

For the Security & Protection Services subindustry, Careium AB'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.


Careium AB's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Careium AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Careium AB Gross-Profit-to-Asset % Calculation

Careium AB'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 )
=340.5/( (992.1+961.4)/ 2 )
=340.5/976.75
=34.86 %

Careium AB'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 )
=344.8/( (1052.7+1048)/ 2 )
=344.8/1050.35
=32.83 %

* 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.


Careium AB Gross-Profit-to-Asset % Related Terms

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


Careium AB Business Description

Traded in Other Exchanges
N/A
Address
Jorgen Kocksgatan 1B, Malmo, SWE, 211 20
Careium AB is a player in technology-enabled care in Sweden which provides solutions to improve the safety, quality of life, and independence of seniors both inside and outside the home. It offers a complete digital alarm chain. Its product catalog includes security alarms, fall sensors, smoke detectors motion detectors, accessories such as cameras, electronic locks, robotic medication assistive devices, and secure communication with alarm response. Geographically it has a presence in Nordics, the United Kingdom and Ireland, Central Europe, and Other markets, Its majority of the revenue comes from Nordics.