GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elkem ASA (OSTO:ELKo) » Definitions » Gross-Profit-to-Asset %

Elkem ASA (OSTO:ELKO) Gross-Profit-to-Asset % : 26.73% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Elkem 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. Elkem ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr13,560 Mil. Elkem ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr50,729 Mil. Therefore, Elkem ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 26.73%.


Elkem ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Elkem 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.

Elkem ASA Gross-Profit-to-Asset % Chart

Elkem 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 31.95 33.01 43.34 45.86 24.82

Elkem ASA 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 32.08 26.02 23.43 14.49 26.73

Competitive Comparison of Elkem ASA's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Elkem 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.


Elkem ASA's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elkem ASA's Gross-Profit-to-Asset % distribution charts can be found below:

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



Elkem ASA Gross-Profit-to-Asset % Calculation

Elkem 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 )
=12819/( (52781+50500)/ 2 )
=12819/51640.5
=24.82 %

Elkem ASA'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 )
=13560/( (50500+50957)/ 2 )
=13560/50728.5
=26.73 %

* 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.


Elkem ASA Gross-Profit-to-Asset % Related Terms

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


Elkem ASA (OSTO:ELKO) Business Description

Traded in Other Exchanges
Address
Drammensveien 169, Oslo, NOR, 0277
Elkem ASA offers advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care as well as smarter and more sustainable cities. Elkem has three reportable segments namely Silicones, Silicon Products, and Carbon Solutions. It generates most of the revenue from the Silicones segment.

Elkem ASA (OSTO:ELKO) Headlines

No Headlines