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Momentum Group AB (OSTO:MMGR B) Gross-Profit-to-Asset % : 66.95% (As of Mar. 2024)


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What is Momentum Group 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. Momentum Group AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr1,264 Mil. Momentum Group AB's average Total Assets over the quarter that ended in Mar. 2024 was kr1,888 Mil. Therefore, Momentum Group AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 66.95%.


Momentum Group AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Momentum Group 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.

Momentum Group AB Gross-Profit-to-Asset % Chart

Momentum Group AB Annual Data
Trend Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 89.32 82.26 82.86 76.40 72.29

Momentum Group AB Quarterly Data
Mar19 Mar20 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 79.73 72.25 63.89 70.80 66.95

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

For the Industrial Distribution subindustry, Momentum Group 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.


Momentum Group AB's Gross-Profit-to-Asset % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Momentum Group AB Gross-Profit-to-Asset % Calculation

Momentum Group 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 )
=1097/( (1173+1862)/ 2 )
=1097/1517.5
=72.29 %

Momentum Group AB'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 )
=1264/( (1862+1914)/ 2 )
=1264/1888
=66.95 %

* 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.


Momentum Group AB Gross-Profit-to-Asset % Related Terms

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Momentum Group AB (OSTO:MMGR B) Business Description

Traded in Other Exchanges
Address
Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59
Momentum Group AB operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of a number of companies that together constitute one of the Nordic region's leading suppliers of industrial components, industrial services and other related services in the industrial sector.

Momentum Group AB (OSTO:MMGR B) Headlines

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